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home / news releases / GGG - Graco: 2 Tales

GGG - Graco: 2 Tales

Graco Inc.

2023-05-27 21:55:48 ET

Summary

  • Graco could beat expectations and reported solid top and bottom-line growth in Q1/23.
  • And GGG has a wide economic moat around its business leading to stability and consistency over time.
  • But the economy is heading for a recession, and a declining housing market is a challenge for Graco.
  • GGG stock is also not trading for cheap valuation multiples.

For further details see:

Graco: 2 Tales
Stock Information
Company Name: Graco Inc.
Stock Symbol: GGG
Market: NYSE
Website: graco.com
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