Generac Holdings (NYSE:GNRC)

CAPS Rating: 3 out of 5

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Player Avatar EBStroke (< 20) Submitted: 11/8/2012 8:20:20 PM : Outperform Start Price: $34.34 GNRC Score: -6.50

Zacks Rank 1-StrongBuy, Recommend OutPerform, Industry Rank 37 / 265, Target 40,50, Avg target of 10 analyst 35.88
- Short Interest Ratio: 2.21
- Est Revision Ratio: Up 38 vs 0 Down

Hot IPO Stock Trading at 8 Times Earnings?
BY SUZANNE MCGEE NOVEMBER 06, 2012

Grace Energy
If there can be said to be a stock market “winner” in the aftermath of Super Storm Sandy, that winner would have to be Generac Holdings (GNRC).

Who? Well, whenever you hear New Jersey and New York residents fretting about trying to find gasoline to fuel their generators, odds are that those generators, whirring away noisily in the television coverage of this and other hurricanes, were made by Generac.

Millions of customers in the area were left without power in the wake of Sandy, and while not all of them owned Generac generators, a significant number did, or rushed out to buy them, remembering all too well the events of last year, when August’s Hurricane Irene was followed by a freak Halloween snowstorm. Enough, they decided. That’s going to be great news for Generac’s sales in the fourth quarter.

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