Graco Inc. (GGG - Free Report) recently reinforced its innovation platform with the launch of the Pulse Fluid Management system for vehicle service.
The latest wireless system, which includes the company’s popular fluid-management technology, will provide futuristic service operations. These processes will drive profitability and simplify decisions through appropriate control, analytics and insight.
Graco developed the Pulse system by redesigning its Matrix Total Fluid Management System. The restructured wireless fluid-management system enables managers and other major stakeholders to access reporting tools and monitor business from different types of network-coupled devices like tablets, smartphones or PCs.
Additionally, the technicians will be able to access the type, proportion, dispensing time and purpose of a fluid through Graco’s latest Pulse system. Notably, users can estimate the cost or uncover the hidden profits through this system, by effortlessly tracking fluid activities and monitoring inventories.
We believe the company’s latest move is in sync with Graco’s innovation-based growth strategy. The company currently carries a Zacks Rank #2 (Buy).
Over the past year, Graco’s shares have rallied 26.3%, outperforming 4.7% growth recorded by the industry.
Stronger U.S. manufacturing demand will likely continue to boost the company’s revenues in the quarters ahead. Moreover, strategic business acquisitions and favorable foreign currency-translation impact are expected to drive top and bottom-line growth, going forward. Per our estimates, Graco’s year-over-year revenue and earnings growth for 2018 are currently pegged at 11.7% and 32.2%, respectively.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Graco Inc. (GGG - Free Report) recently reinforced its innovation platform with the launch of the Pulse Fluid Management system for vehicle service.
The latest wireless system, which includes the company’s popular fluid-management technology, will provide futuristic service operations. These processes will drive profitability and simplify decisions through appropriate control, analytics and insight.
Graco developed the Pulse system by redesigning its Matrix Total Fluid Management System. The restructured wireless fluid-management system enables managers and other major stakeholders to access reporting tools and monitor business from different types of network-coupled devices like tablets, smartphones or PCs.
Additionally, the technicians will be able to access the type, proportion, dispensing time and purpose of a fluid through Graco’s latest Pulse system. Notably, users can estimate the cost or uncover the hidden profits through this system, by effortlessly tracking fluid activities and monitoring inventories.
We believe the company’s latest move is in sync with Graco’s innovation-based growth strategy. The company currently carries a Zacks Rank #2 (Buy).
Over the past year, Graco’s shares have rallied 26.3%, outperforming 4.7% growth recorded by the industry.
Stronger U.S. manufacturing demand will likely continue to boost the company’s revenues in the quarters ahead. Moreover, strategic business acquisitions and favorable foreign currency-translation impact are expected to drive top and bottom-line growth, going forward. Per our estimates, Graco’s year-over-year revenue and earnings growth for 2018 are currently pegged at 11.7% and 32.2%, respectively.
Other Stocks to Consider
Some other top-ranked stocks in the sane space are listed below:
Chart Industries, Inc. (GTLS - Free Report) sports a Zacks Rank of 1 (Strong Buy). The company’s earnings per share (EPS) are predicted to grow 26.9% in the next three to five years. You can see the complete list of today’s Zacks #1 Rank stocks here.
Welbilt, Inc. holds a Zacks Rank #2. The company’s EPS is likely to be up 10%, over the next three to five years.
Roper Technologies, Inc. (ROP - Free Report) also carries a Zacks Rank of 2. The company’s EPS is projected to rise 12.3% during the same time frame.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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