04-27-2021, 01:44 PM
(04-27-2021, 01:24 PM)vbin Wrote: GNRC went parabolic recently and have earnings this week fyi fenders. You see it going up after earnings?No I really don't. I see volatility short-term. Their business went parabolic too. It's not just a stock price Momo thing. Take a look at their quarterly earnings as far back as you can see. I very much like the sales trend. They have a huge tailwind for the foreseeable future. Hurricane season = sales boost. More home solar systems = more generators for a home back up to finish the system for perfect reliability. The trend of shaky utilities causes massive sales every time there is a local episode. Last time we had local storms that knocked the power out for days my HD manager called in a truckload from states away. Folks were on a list and waiting in the parking lot hours before we opened to buy us out. Happens every storm. GRNC won't be lower by SEP. I bought shares at $180 and wish it was more. For now I dabble in options as the premiums are pretty good, but I would be all over it at sub $300. I see no big downside. I don't know how they could screw this up. BTW I own some Generac products and they are damn good.