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Reasons to Retain Graco (GGG) Stock in Your Portfolio Now
GGGGraco(GGG) Zacks Investment Research·2024-04-01 16:35

Graco Inc. (GGG) is benefiting from the strong momentum in the Industrial and Process segments despite weakness in the Contractor segment and increasing costs.Let’s discuss the factors that should cause investors to retain the stock for the time being.Growth CatalystsBusiness Strength: GGG’s Industrial segment is poised to gain from end-market strength in the Americas region. Also, growth in powder finishing product lines bodes well for the segment. The Process segment is gaining from solid momentum in all ...