3 Great Stocks for Investors Seeking Low Risk - Generac Holdings

 

3-Generac Holdings

Looking at Generac Holdings' (NYSE: GNRC) stock price chart over the past few years, you can believe the company is a high-tech company.

The stock has increased 226 percent in 2020 and 38 percent so far in 2021.

The company, which has been a manufacturer of industrial equipment for over 60 years, offers its investors long-term earnings opportunities with less risk, unlike many technology shares. Generac is a leader in home and industrial utility generator usage. During the hurricanes and forest fires in 2019, sales of these products increased significantly. The trend of working from home that started in 2020 has fueled demand for the company's products. Also, the company will certainly benefit from the major grid failure in Texas this month. The aging American power grid and the trend of disaster preparedness among consumers instill a desire to make larger investments in the business, creating strong winds that must last for years. House sales increased by 55 percent in the fourth quarter, supporting the company's 29 percent increase in turnover and 39 percent net profit. Generac is entering new markets where it can seize significant new opportunities to grow in the energy security sector. The company has created an established clean energy solution that combines solar power generation with high capacity batteries. It is the industry's largest inverter and a load management system to convert direct current to alternating current used by the grid. The company's PWRcell energy storage system keeps the whole house independent from the grid during outages. When integrated into generators later this year, it will give a home the ability to supply electricity indefinitely during grid failures. Sales increased from zero to $ 115 million in 2020. In this context, the company expects a growth of 50 to 75 percent in 2021. In the long run, Generac also has the opportunity to sell more power backup systems to base station installations where it is the leader in market share in the US with the launch of the global 5G. Generac stocks are 37 times the 2021 earnings forecast and are not cheap. However, the functional dominance of Generac provides investors looking for low risk with a long, fast-growing and easy-to-understand investment in the future.   3 Great Stocks for Investors Seeking Low Risk - Generac Holdings Source: https://www.fool.com/

You may also be interested in:

3 Great Stocks for Investors Seeking Low Risk - Prologis