Wabash National Is Well-Positioned For 2022

Summary Points:

• Wabash National's Q1 2022 results beat the top- and bottom-line estimates.

• This small-cap company is well-positioned to deal with any potential disruptions to its industry.

• We are long Wabash, and we will likely add to our position in the quarters ahead.

Wabash National Corp. (NYSE:WNC) is a diversified semi-truck manufacturer that has been negatively impacted by disruptions caused by the global pandemic. Wabash reported lackluster operating results to end the prior fiscal year, so it should come as no surprise that the company's stock has underperformed the broader market so far in 2022 by a wide margin.

However, WNC shares have performed well since the April 2022 lows. Moreover, I believe that the YTD underperformance has created a buying opportunity for investors that are interested in a company that has great long-term business prospects.

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