Generac Powers Ahead on the Electrification Mega-Trend
Generac (GNRC) MarketBeat·2024-05-08 23:43
Key PointsGenerac owns a 70% market share in the backup power generation industry.Generac will gain from mega-trends like the Grid 2.0, clean energy, climate change, and the home as a sanctuary.Q1 2024 gross profit margins improved to 35.6%, up from 30.7% in the year-ago period, attributed to lower input costs, favorable sales mix, and production efficiencies.5 stocks we like better than GeneracGenerac Holdings Inc. NYSE: GNRC is attempting to recover from its Q1 2024 earnings selloff. The computer and tech ...