Anyone bought
$SUNB stock yet?
I'm talking Sunbelt Rentals, largest
$URI competitor, which finally got that US listing.
This has been in the works for years (since Dec 2024) and as I've said before on here, it's the only reason I haven't bought Ashtead Group
$ASHGY $ASHTF $AHT.L stock.
I didn't want to get stuck with ADRs, F shares (native stock but hassle), or paying the 1% currency conversion to buy on London Exchange.
Because
$SUNB is new, US financial websites don't really have data for it. Even Google thinks you're mistyping Sunoco ticker when you search for it SUNB stock.
Obviously the British financials are available but you must be super careful with currency conversion. Many popular websites mess this up all the time.
Sunbelt stock is cheaper than United Rentals, as it should. How much cheaper should it be? That I don't know.
@griffonomics this might be a great episode to compare and contrast revenue by geography, comparative valuations as of today, and anticipated growth rates. Also, breakdown by customer type.
This revenue breakdown from Grok for
$URI vs.
$SUNB by geography, haven't verified and not sure I trust it.
Note the revenue by vertical pie chart is for United Rentals.