Company Overview - W.W. Grainger Inc. is a broad line, business-to-business distributor of maintenance, repair, and operating (MRO) products and services, incorporated in 1928 [13] - The company's operations are primarily in North America, Japan, and the U.K., serving a wide array of industries including government, manufacturing, transportation, commercial, and contractors [13] 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 [14] - The company has a Momentum Style Score of B, with shares increasing by 10.1% over the past four weeks [14] - Six analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing by 38.92 per share [14] - W.W. Grainger boasts an average earnings surprise of 1.2%, suggesting potential for positive performance [14] - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, W.W. Grainger is recommended for investors' consideration [15]
Here's Why W.W. Grainger (GWW) is a Strong Momentum Stock