|Last Price$248.21||Day Change (%)1.36%|
|Open Price$246.71||Day Change ($)3.34|
|Day Range246.71–248.95||52-Week Range223.92–269.69|
As of Fri 11/21/2014 04:33 PM EST | USD
Grainger Declares Quarterly Dividend
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.