Tuesday, March 13, 2012

Chart of the Day - W.W. Grainger (GWW)

The "Chart of the Day" is W.W. Grainger (GWW), which showed up on Friday's Barchart "All Time High" list. Grainger on Friday posted a new all-time high of $213.00 and closed up 2.03%. TrendSpotter has been Long since Feb 3 at $203.06. In recent news on the stock, Grainger on March 5 said it sees FY12 EPS of $9.90-10.65 versus the consensus of $10.51 and that it expects FY12 operating margin to rise 0.10-0.40 percentage points. Grainger on Feb 13 reported January overall sales up 17% and organic sales up 12% excluding acquisitions. W.W. Grainger, with a market cap of $14 billion, offers maintenance, repair, and operating supplies, and related information, to sectors including commercial, industrial, contractor, and institutional. Products include motors, HVAC equipment, lighting, hand and power tools, pumps, and electrical equipment.

gww_700

No comments:

Post a Comment