Why W.W. Grainger (GWW) is a Top Momentum Stock for the Long-Term

Company Overview - W.W. Grainger Inc. is a business-to-business distributor of maintenance, repair, and operating (MRO) products and services, incorporated in 1928 [10] - The company operates primarily in North America, Japan, and the U.K., serving a diverse range of industries including government, manufacturing, transportation, commercial, and contractors [10] Investment Insights - W.W. Grainger has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid position in the market [11] - The company has a Momentum Style Score of A, with shares increasing by 9.1% over the past four weeks [11] - Five analysts have revised their earnings estimates higher for fiscal 2024, with the Zacks Consensus Estimate rising by $0.16 to$38.91 per share [11] - W.W. Grainger has an average earnings surprise of 1.2%, suggesting potential for positive performance [11] Conclusion - With a strong Zacks Rank and top-tier Momentum and VGM Style Scores, W.W. Grainger is recommended for investors' consideration [12]