Generac Holdings (GNRC) has been in the spotlight with many expecting it to once again beat earnings estimates. Investors in the company saw a 4.9% rise over the past week, and GNRC even outperformed the industrial sector. The company's stock soared by 8.5%, sparking interest among investors like Rheos Capital Works and LaFleur & Godfrey LLC. The company has shown strong momentum and value, making it a top pick for long term investors. Despite some concerns about the declination in earnings over the last five years, others see opportunities, especially as power outages due to hurricanes lead to increased demand for their generator products. Reports note a peak at a 52-week high of $169.69. Some investments firms, however, have reduced their positions in GNRC, while others have made use of the opportunity to increase their holdings. Additionally, Generac has extended their product line with the unveiling of Next Generation PWRcell Energy Storage Products and the acquisition of Ageto, strengthening microgrid and energy storage solutions. The company expanded its energy system offerings with the introduction of Level 2 EV Charger, showing its commitment to innovative solutions.
Generac Holdings GNRC News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Fri, 18 Oct 2024 16:10:14 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -2
