Watsco shares rise 5.00% intraday as Giverny Capital backs stock as core holding with valuation upside.
ByAinvest
Wednesday, Feb 4, 2026 2:52 pm ET1min read
WSO--
Watsco Inc. (WSO) surged 5.00% intraday following reports of institutional buying and analyst upgrades. Recent news highlighted Giverny Capital backing Watsco as a core holding with valuation upside and Federated Hermes Inc. acquiring 17,013 shares, signaling renewed institutional confidence. Additionally, JPMorgan Chase & Co. issued a positive forecast for the stock, reinforcing optimism about its outlook. These developments, coupled with prior analyst upgrades and positive earnings momentum, drove immediate buying pressure, pushing the stock to an intraday high.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet