(For practical recommendations and nightly live videos, check out Mr. Carter’s worthycharting.com.) Portable generator maker Generac Holdings (GNRC) went from being a darling benefit of the coronavirus to being both admired and loathed in its wake. From $76 per share at the March 2020 pandemic lows, Generac soared to $524 per share in 2021, but lost 85% of its value, returning to $79, bringing the entire pandemic cycle to a close. But since then, the stock has continued to rise from the ashes and is poised to rise further in the coming week and months. We continue to add longs and play for a rise to the $325+/- level. Disclosure: None. All opinions expressed by CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, its parent or affiliates, and may have been previously disseminated on television, radio, the 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 purchase any securities or other financial assets. The Content is general in nature and does not reflect any individual’s unique personal circumstances. The above may not be appropriate for your particular situation. Before making any financial decisions, you should strongly consider seeking the advice of your own financial or investment advisor. Click here for full disclaimer.
