Reported 1 day ago
Graco Inc. (NYSE: GGG) is recognized as a solid investment for long-term holding, with recent earnings showing a 3.3% revenue growth to $571.8 million despite challenges in its Contractor segment due to North American construction market weaknesses. Nevertheless, the company has maintained a strong cash position, allowing it to increase dividends for 24 consecutive years, currently yielding 1.31%. Although Graco has potential, some investors might find better opportunities in AI stocks with less risk and higher upside.
Source: YAHOO