W.W. Grainger, Inc.Panjang
GWW LONG 041824
For those who get it done,
The recent downtrend may be a result of erosion in other hardware manufacturers or simply profit taking but I don't see Grainger going anywhere. This is a great gap of liquidity that was waiting to go long and I will be seeing a bounce in the next week.
From what I understand their ordering platform is great and unrivaled that of their competitors, technology superiority in ordering and inventory management will continue driving business forward and that may be a reason this stock is almost $1,000 per share.
Don't believe me ? I am sure you can ask any place that orders mechanical components and tools to find out these guys know what's up, have internal feedback on their negatives ? share it below.
Happy Trading,
The recent downtrend may be a result of erosion in other hardware manufacturers or simply profit taking but I don't see Grainger going anywhere. This is a great gap of liquidity that was waiting to go long and I will be seeing a bounce in the next week.
From what I understand their ordering platform is great and unrivaled that of their competitors, technology superiority in ordering and inventory management will continue driving business forward and that may be a reason this stock is almost $1,000 per share.
Don't believe me ? I am sure you can ask any place that orders mechanical components and tools to find out these guys know what's up, have internal feedback on their negatives ? share it below.
Happy Trading,
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.