Subject: INO
This Morning's Technical Outlook on Equipment Wholesale Stocks -- Fastenal, HD Supply, MSC Industrial Direct, and W.W. Grainger
NEW YORK, Feb. 07, 2018 /PRNewswire/ --WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on FAST, HDS, MSM, and GWW which can be accessed for free by signing up to www.wallstequities.com/registration. On Tuesday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 2.13%; the Dow Jones Industrial Average edged 2.33% higher; and the S&P 500 was up 1.74%. US markets made broad based gains with eight out of nine sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Industrial Equipment Wholesale stocks: Fastenal Co. (NASDAQ: FAST), HD Supply Holdings Inc. (NASDAQ: HDS), MSC Industrial Direct Co. Inc. (NYSE: MSM), and W.W. Grainger Inc. (NYSE: GWW). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Fastenal
Winona, Minnesota headquartered Fastenal Co.'s stock finished Tuesday's session 1.84% higher at $53.02. A total volume of 5.55 million shares was traded, which was above its three months average volume of 2.50 million shares. The Company's shares have advanced 10.67% over the previous three months. The stock is trading above its 200-day moving average by 13.38%. Furthermore, shares of Fastenal, which together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the US, Canada, and internationally, have a Relative Strength Index (RSI) of 42.54. Get the full research report on FAST for free by clicking below at:
www.wallstequities.com/registration/?symbol=FAST
HD Supply Holdings
Shares in Atlanta, Georgia headquartered HD Supply Holdings Inc. ended at $36.33, up 1.14% from the last trading session. The stock recorded a trading volume of 3.88 million shares, which was above its three months average volume of 2.19 million shares. The Company's shares have gained 0.58% over the previous three months. The stock is trading above its 200-day moving average by 1.91%. Moreover, shares of HD Supply, which operates as an industrial distributor in North America, have an RSI of 32.63. HDS's complimentary research coverage is a few simple steps away at:
www.wallstequities.com/registration/?symbol=HDS
MSC Industrial Direct
Melville, New York headquartered MSC Industrial Direct Co. Inc.'s stock ended yesterday's session 1.13% higher at $90.61 with a total trading volume of 730,638 shares, which was above its three months average volume of 638.69 thousand shares. The Company's shares have advanced 10.55% over the previous three months. The stock is trading above its 200-day moving average by 10.23%. Additionally, shares of the Company, which together with its subsidiaries, distributes various ranges of metalworking and maintenance, repair, and operations (MRO) products primarily in the US, Canada, and the UK, have an RSI of 41.13.
On January 12th, 2018, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $98 a share to $100 a share. Are you already registered with Wall St. Equities? Do so now for free, and get the report on MSM at:
www.wallstequities.com/registration/?symbol=MSM
W.W. Grainger
On Tuesday, shares in Lake Forest, Illinois-based W.W. Grainger Inc. recorded a trading volume of 1.17 million shares, which was above their three months average volume of 1.04 million shares. The stock finished the day 1.93% higher at $259.01. The Company's shares have advanced 29.50% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 10.08% and 34.14%, respectively. Furthermore, shares of W.W. Grainger, which distributes MRO supplies; and other related products and services that are used by businesses and institutions in the US, Canada, Europe, Asia, and Latin America, have an RSI of 56.45.
On January 23rd, 2018, research firm UBS initiated a 'Sell' rating on the Company's stock. Aspiring Member, please take a moment to register below for your free research report on GWW at:
www.wallstequities.com/registration/?symbol=GWW
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