Generac Holdings

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Generac Holdings ( GNRC) is a designer and manufacturer of a range of standby generators for the residential, commercial and industrial markets. This stock is trading up 0.32% to $24.97 in recent trading after hitting a 52-week high of $25.42 earlier in the day.

Today's Range: $24.80-$25.42

52-week Range: $13.83-$25.42

Volume: 76,000

Three-Month Average Volume: 193,933

Generac has a market cap of $1.69 billion and an enterprise value of $2.18 billion. The stock trades at a trailing price-to-earnings of 22.21 and a forward price-to-earnings of 11.24. Its estimated growth rate for this year is 15%, and for next year it's pegged at 12.1%. The current short interest as a percentage of the float for Generac is notable at 4.6%.

From a technical standpoint, this stock recently broke out above some overhead resistance at $21 to $22, and it then ran up to its current price of just under $25 a share.

Traders should now look to play the next breakout which will trigger once the stock moves above $25.35. Look to get long over if $25.35 is taken out with high-volume that's tracking in close to or above the three-month average of 193,933.

-- Written by Roberto Pedone in Winderemere, Fla.


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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to and maintains the website, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.

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