By: Rob Wertheimer 

Ashtead stock is down 5.5% on a quarter that shows strong revenue growth and margins that underwhelmed on cost pressures. Worth noting for broader investors is that tightness in skilled labor such as mechanics and in freight logistics are weighing on cost. We started hearing about mechanic tightness more than a year ago at other companies, but it is an indication that this economy continues to be very hot.

AHT LN & URI Report Here