Generac seeing a burst in demand in aftermath of Hurricane Sandy

News of the 36% increase in Generac’s stock price since Oct. 26, the last trading day before Hurricane Sandy hit land, is all over the financial press. As a manufacturer of generators, the Waukesha, Wis.-based company is well positioned to capitalize on ...
Nov. 6, 2012
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[/caption]News of the 36% increase in Generac’s stock price since Oct. 26, the last trading day before Hurricane Sandy hit land, is all over the financial press. As a manufacturer of generators, the Waukesha, Wis.-based company is well positioned to capitalize on the aftermath of Hurricane Sandy. But the company has been a solid investment long before Hurricane Sandy pummeled the East Coast. Since its IPO in Feb. 2010 for $9.64 a share, the stock is up 178%! Click here to see what Investor’s Business Daily had to say about the increase in Generac’s stock price.

Bloomberg podcast with Aaron Jagdfeld, CEO of Generac Holdings Inc.

About the Author

Jim Lucy Blog

Chief Editor

Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.