Even AI stocks are surging! U.S. maintenance equipment supplier Grainger's stock price has grown by 262.68% over the past five years, reaching a historic high.

Founded in 1928, W.W. Grainger Inc NYSE symbol GWW is a distributor of maintenance supplies, with operations worldwide including North America, Japan, and the UK. Grainger sells over a million products such as solar panels, engineering equipment, construction safety gear, motors, HVAC equipment, fans, cleaning supplies, and plumbing. Grainger sells products through e-commerce, without minimum order requirements, and offers maintenance services and international shipping via air, land, and sea.

Amidst the dominance of AI stocks in news headlines and market interest, the stock price of this traditional industrial company stands out. Over the past year, its stock price has surged to new highs, ranking third in stock trading volume on Robinhood, behind only Nvidia and White Mountains.

In addition to its impressive stock price and performance, W.W. Grainger's corporate reputation and ratings are also highly positive. This year, it has won awards such as the 2024 Newsweek Best Corporate Responsibility Award, Best Military Equipment, Glassdor Best Employer Award, and awards for LGBTQ+, women, and marginalized community-friendly environments.

GWW's performance has never hit a low point, with a steady increase in the post-pandemic era over the past four years

In October 2020, GWW's stock price was only $350; it soared to $706 in October last year, and on October 21st this year, it skyrocketed to $1,124, showing a 262.68% growth in stock price over the past five years. With a market value of $54.85 billion, the strong numerical performance and actual market demand highlight GWW's outstanding performance and huge market supply needs, attracting a large number of investors to pay attention and buy stocks recently.

According to InvestingPro's analysis data, W.W. Grainger's total return rate in the past year is 58.62%, and the return rate in the past three months is 17.18%. The strong profitability has greatly boosted investors' confidence, and the recent trading volume has been active, reaching a historical high.

Providing Green Energy and Emission Solutions for Enterprises

In recent years, W.W. Grainger has focused on the market of green and sustainable development, actively promoting the use of energy-saving equipment such as solar panels, hydrogen fuel cells, and management systems in enterprises, and providing technical and supplier resources to assist in enterprise development.

The KnowHow Strategy for Accelerating Growth in Traditional Industries

Tools are inanimate, people are alive. Even with good tools, it takes skilled individuals to utilize them effectively. In the past, traditional industries did not emphasize education and training; workers would resort to trial and error methods, which not only consumed time and energy but also delayed construction time and could potentially lead to bodily harm due to improper tool use. Grainger not only sells equipment but also compiles guides on how to use tools and equipment to help companies train workers and technicians more efficiently.

In Grainger's KnowHow Guide, there are answers to various scenarios of natural disasters, accidents, and operational repair problems. Whether it's wildfires, common occupational injuries, machine operations, or other challenging issues, explanations and professional KnowHow assistance are provided for learning and offering professional repair knowledge and resources.