Generac Holdings Inc (GNRC)

[OldAIMGuy]

Hi '56, GNRC has been very generous to me as a holding. I've 'traded around the core' with it and last let some shares go at $362. My buy target is way down at $278 so the price/share is much closer to the next sell target of $377 right now. I'll re-evaluate if/when the price nears the sell target as I've accumulated cash for it worth nearly 50% of total value including cash.

The current plateau seems to be a good point for consolidation.


We're heading into the "seasonality" period for GNRC with the potential for storms and fires so we may see the price/share get bid up from here. I see modest accumulation of shares since the start of this month. We can hope that it continues. June, August and September are its strongest "seasonality" months.
https://stockcharts.com/freecharts/seasonality.php?symbol=GNRC

Best wishes,
OAG Tom