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W.W. Grainger (GWW) Looks Good: Stock Adds 5.3% In Session

Published 04/20/2018, 08:43 AM
Updated 07/09/2023, 06:31 AM

W.W. Grainger, Inc. (NYSE:GWW) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $270.05 to $293.77 in the past one-month time frame.

The move came after the company reported better-than-expected first-quarter 2018 results.

The company has seen three positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for W.W. Grainger. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

W.W. Grainger currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Investors interested in the Industrial Services industry may consider HD Supply Holdings, Inc. (NASDAQ:HDS) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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W.W. Grainger, Inc. (GWW): Free Stock Analysis Report

HD Supply Holdings, Inc. (HDS): Free Stock Analysis Report

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