Griffon Corp (NYSE:GFF)
CAPS Rating:
A diversified manufacturing company with operations in four business segments: Garage Doors; Installation Services; Specialty Plastic Films; and Electronic Information and Communication Systems.
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Recs
The stock generated a sell signal in March on weak downward momentum after generating a buy signal in January on weak upward momentum. Since May the stock has been on a strong downward divergence trend, a trend that accelerated in July. The 10-day moving average bottomed in August and has been on a weak uptrend ever since, the results of which pushed it above the 50-day moving average in October. The longer-term moving averages have been on a divergence pattern in regards to the S&P500 since March, a pattern that has accelerated since August. Due to this strong divergence pattern, and despite the recent uptrend in the 10-day average, I am rating this stock an underperform.
YES UNDERPERFORM AS WE SEE WHERE WERE YOU WHEN WALMART WAS AT 14.?? .YOU ARE POSSIBLE RIGHT ONLY IF YOUR SHORT ,THATS WHY WE LIKE THIS AS A LONG DONT GET EXCITED ROME WASNT BUILT IN A DAY DONT BE IN A
HURRY GIVE THE COMAPNY A CHANCE TO GROW." THE CHART ON FAMIY DOALLR STORE I CAN KICK MYSELF FOR NOT GETTING IN TOO. PLASTIC COPPER,OIL drive comodties