It’s time to jump back into Generac Holdings (GNRC).

While Hurricane Gabrielle isn’t expected to hit the U.S., two other storms are developing in the Atlantic that could. 

When we first mentioned GNRC this year, it traded at about $126.32 on June 17. Today, it’s up to $185.86 and could trend higher with a typical yearly pickup in power generation equipment and other light-motor equipment for residential and industrial customers.

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With a long history of pushing higher, as hurricane season heats up, Generac markets home standby generators and is the leading global manufacturer of mobile generators for industrial use.  Beyond the physical damage to homes and businesses, one of the biggest inconveniences of a powerful storm is electrical outages. 

As we see year after year, before hurricane season gets underway, invest in GNRC. It’s been delivering solid returns just like we’ve seen in most hurricane seasons.

Sincerely,

Ian Cooper