|Last Price$248.42||Day Change (%)-0.01%|
|Open Price$248.88||Day Change ($)-0.03|
|Day Range246.71–249.29||52-Week Range228.19–276.38|
As of Mon 09/15/2014 03:39 PM EST | USD
On Monday, W . W . Grainger GWW reported third-quarter results, with sales and operating profits up 6% and 11%, respectively, from the year-ago period. The results tracked fairly closely with our modeling assumptions, and we are maintaining our $67 fair value estimate. While growth appears to be ...
The author does not own any of the stocks or funds mentioned above.
Top managers continue to exercise a lot of patience as they look for buying opportunities in a U.S. equity market that has risen close to 40% since the start of 2013.
With over a million products stocked, these firms enjoy long-lasting competitive positions through cost advantages and the network effect.