Category Archives: GWW

W.W. Grainger 10-Year Targets

Posted on July 10, 2019 by nlo-admin | Leave a comment

Below are the valuation targets for W.W. Grainger (GWW) over the next 10 years. Continue reading →

Posted in 10-year Targets, Altimeter, GWW

W.W. Grainger Update

Posted on October 16, 2018 by nlo-admin | Leave a comment

On September 19, 2018, we said that W.W. Grainger (GWW) had downside targets of $295.55, $209.30, & $123.05. By October 16, 2018, GWW had smashed through the conservative downside target of $295.55.

While the Speed Resistance Lines (SRL) are guides for downside risk, the Altimeter continues to provide the needed insight on where we are with GWW on a valuation basis. Continue reading →

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Posted in Altimeter, GWW

W.W. Grainger Downside Targets

Posted on September 19, 2018 by nlo-admin | Leave a comment

W.W. Grainger (GWW) is a stock that we currently hold and has run-up significantly in the last year. In this post we will review Edson Gould’s Speed Resistance Lines [SRL] and Altimeter for GWW.

Speed Resistance Lines are most often used by us to estimate downside targets. Based on the increase from the August 28, 2017 low and the August 21, 2018 high, we have arrived at the following downside targets.

$295.55 (conservative target)
$209.30 (mid-range target)
$123.05 (extreme target)

It should be noted that the chart above does not include the extreme downside target. If the August 21, 2018 price is the peak then our best guess is that GWW will decline below the August 28, 2017 low. Our interpretation on the SRL may not play out for a while, however, the Altimeter adds significant insight.

Continue reading →

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Posted in downside, Edson Gould, GWW, Speed Resistance Lines, SRL