Below is a brief note from CEO Keith McCullough on why we're adding W.W. Grainger (GWW) to the short side of Investing Ideas today:
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Our independent research view was that GWW would have a good Q2 and then slow in the back half of 2018. That view has not changed. Our Industrials analyst Jay Van Sciver reiterated that on our Morning Call (our team research meeting, daily at 7:45 AM EST). The price of the stock has changed, so I see this as an excellent short-selling opportunity at a much better price. Cover on red; Sell on green. Rinse & Repeat! KM |