(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) Portable generator manufacturer, Generac Holdings (GNRC) , was a Covid beneficiary and darling that soon thereafter was as detested as it was admired. $76 a share in March of 2020 at the lows of Covid, Generac, surged to $524 a share in 2021, only to lose 85% of its value and sink back to $79, round tripping the entire Covid move. But ever since, the stock has been emerging from the ashes and is judged headed higher still in the week/months ahead. We would continue to add to longs, playing for a move to the $325+/- level. DISCLOSURES: None. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, or its parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
