|Last Price$11.70||Day Change (%)-0.17%|
|Open Price$11.70||Day Change ($)-0.02|
|Day Range11.70–11.70||52-Week Range10.13–11.73|
As of Mon 02/20/2017 | 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.
Cost advantages and network effects work in their favor.
United States Precision Turned Products Market 2017 - Analysis And Forecast to 2020 - Research and Markets
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.
The industrial distributor--a recent addition to the Morningstar DividendInvestor portfolio--has plenty of headroom for earnings and dividend growth, says Morningstar's Josh Peters.
With over a million products stocked, these firms enjoy long-lasting competitive positions through cost advantages and the network effect.