Graco Hits New High

I noticed that shares of Graco (GGG) are at a new all-time high today.
Graco is one of those stocks that’s not well-known, but it’s been a remarkable stock for many years.
Since 1976, the stock is up about 20,000%. Not bad for a company that’s nearly invisible to Wall Street. Only seven analysts follow the stock.
The 80-year-old company makes equipment that measures and dispenses fluid materials. Graco’s products are used everywhere. They even make the pump that puts caramel into Hershey’s Kisses. I’m a fan already.
You can read more about Graco here and here.
Here are the financial results for the past 10 years:
Year……..Sales……….EPS
1996…….$391.8…….$0.41
1997…….$413.9…….$0.51
1998…….$432.2…….$0.60
1999…….$442.5…….$0.84
2000…….$494.4…….$1.01
2001…….$472.8…….$0.92
2002…….$487.0…….$1.05
2003…….$535.1…….$1.23
2004…….$605.0…….$1.55
2005…….$731.7…….$1.80
Notice the smooth uptrend. Wall Street expects the company to make $2.08 a share this year on sales of $790 million.
GGG.bmp

Posted by on March 20th, 2006 at 1:19 pm


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