Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and BRIAN ARTHURS

GWW Stock Earns Membership In 95-Plus Composite Rating Club

W.W. Grainger saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 94 to 96. The new score indicates that GWW stock is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.

 

W.W. Grainger is currently forming a flat base, with a 709.31 entry. See if the stock can break out in volume at least 40% above average.

Looking For Winning Stocks? Try This Simple Routine

USB Group upped its price target on GWW stock from $800 to $815.00.

 

GWW Stock Boasts Mixed Fundamentals

GWW stock has a 95 EPS Rating, which means its recent quarterly and annual earnings growth tops 95% of all stocks.

Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.

 

Last week, Chicago-based W.W. Grainger reported that it posted a 36% rise in earnings for Q1. Revenue growth fell to 12%, down from 13% in the previous quarter.

GWW stock earns the No. 1 rank among its peers in the Machinery-Tools & Related industry group. Distribution Solutions and Applied Industrial Techs are also among the group's highest-rated stocks.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.