#5 - Generac (NYSE:GNC)
Generac Holdings Inc. (NYSE: GNC) is best known for their whole home generators that provide backup power during power outages. Not surprisingly, interest in the company's products rises in and around times of natural disasters. But a look at the company’s quarterly earnings shows that revenue is consistent year-round.
A criticism for GNRC stock is that, as a big ticket purchase, it’s a one-off. Simply put, once a consumer buys a generator, they won’t have to buy another one for some time. And after seeing sales surge in 2020 and 2021, Generac reported an inventory glut in 2022 that weighed on the company’s stock price.
But the recent population shift may provide pockets of emerging need as consumers think about ways to protect their home. Add to that an aging electric infrastructure and you can see why GNRC stock should have stable revenue and earnings for years to come.
About GNC
GNC Holdings, Inc, together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products. The company operates through three segments: U.S. and Canada, International, and Manufacturing/Wholesale. Its products include proteins, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty products, food and drink products, and other general merchandise.
Read More - Current Price
- $0.55
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
