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W. W. Grainger, Inc., is an American Fortune 500 [5] industrial supply company founded in 1927 in Chicago by William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. [ 6 ]
Grainger (GWW) is worth adding to your portfolio, backed by the upbeat estimates, strong e-commerce sales and its efforts to strengthen customer relationships.
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Morgan Stanley raised their stock price forecast on W.W. Grainger to $401 from $366, assigning an “Equal-weight” rating after the Fortune 500 industrial supply company reported a 2.4% increase ...
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 59 times since its inception, on May 26, 1896. [1] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.
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A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.
With upbeat outlook and long-term opportunities, Grainger (GWW) is worth retaining in the portfolio at the moment.