Transaction Alert

On September 27, 2017, we executed the following transaction(s):

  • We bought WW Grainger (GWW)

This purchase is 3% of our portfolio. Our valuation model along with technical assessment of WW Grainger suggest an appropriate risk/reward profile for this transaction at its current level. Nothing is certain and could see a 20% downside from this level. From the technical picture, the stock has been making higher-high since reaching $160 level. Another bullish sign to look for would be when 50 day moving average cross 150 day moving average on the upside.

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