J. Michael Jones
When I last looked at Generac (NYSE:GNRC), I noted that the company was dealing excessive inventory of standby generators in the dealer channel. With the company recently reporting earnings, let’s catch on the name and see
Generac: Upgrading To Buy As Inventory Issues Improve
Summary
- Generac has been dealing with excessive inventory of standby generators in the dealer channel.
- However, the company has been making strides fixing this issue, which is close to returning to more normal levels.
- With the inventory issuing improving, GNRC stock looks like a "Buy."
Former Senior Equity Analyst at $600M long-short hedge fund Raging Capital.
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