Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Research Reports Initiation on Services Stocks -- Fastenal, HD Supply, Avnet, and W.W. Grainger

FAST, AVT, GWW

PR Newswire

NEW YORK, May 26, 2017 /PRNewswire/ --

On Thursday, May 25, 2017, US markets saw broad based gains with seven out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,205.26, up 0.69%; the Dow Jones Industrial Average edged 0.34% higher, to finish at 21,082.95; and the S&P 500 closed at 2,415.07, up 0.44%. This Friday morning, Stock-Callers.com looks at the performance of these four Services stocks: Fastenal Co. (NASDAQ: FAST), HD Supply Holdings Inc. (NASDAQ: HDS), Avnet Inc. (NYSE: AVT), and W.W. Grainger Inc. (NYSE: GWW). You can access our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

Fastenal  

Winona, Minnesota headquartered Fastenal Co.'s stock finished Thursday's session 0.80% lower at $43.29. A total volume of 3.28 million shares was traded, which was above their three months average volume of 2.79 million shares. The Company's shares are trading below their 200-day moving average by 5.68%. Furthermore, shares of Fastenal, which together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the US, Canada, and internationally, have a Relative Strength Index (RSI) of 35.37. Visit us today and download your complete report on FAST for free at:

http://stock-callers.com/registration/?symbol=FAST


HD Supply  

Shares in Atlanta, Georgia headquartered HD Supply Holdings Inc. ended at $41.32, up 0.34% from the last trading session. The stock recorded a trading volume of 1.90 million shares, which was above its three months average volume of 1.80 million shares. The Company's shares have gained 2.00% in the last one month. The stock is trading 2.19% above its 50-day moving average and 7.00% above its 200-day moving average. Moreover, shares of HD Supply, which operates as an industrial distributor in North America, have an RSI of 57.46. The complimentary research report on HDS can be accessed at:


http://stock-callers.com/registration/?symbol=HDS


Avnet  

Phoenix, Arizona headquartered Avnet Inc.'s stock ended yesterday's session 0.44% higher at $36.86 with a total trading volume of 979,370 shares. The Company's shares are trading 11.84% below their 50-day moving average. Shares of the Company, which together with its subsidiaries, distributes electronic components, enterprise computer, networking and storage products and software, IT solutions and services, and embedded subsystems in the Americas, Europe, Middle-East, Africa, and the Asia/Pacific, have an RSI of 34.51.

On April 28 th, 2017, research firm SunTrust downgraded the Company's stock rating from 'Buy' to 'Hold'. Register for free on Stock-Callers.com and download the PDF research report on AVT at:

http://stock-callers.com/registration/?symbol=AVT


W.W. Grainger  

On Thursday, shares in Lake Forest, Illinois-based W.W. Grainger Inc. recorded a trading volume of 923,318 shares, and finished 0.53% lower at $176.37. The stock is trading below its 50-day moving average by 15.61%. Shares of the Company, which distributes maintenance, repair, and operating supplies; and other related products and services that are used by businesses and institutions in the US, Canada, Europe, Asia, and Latin America, have an RSI of 24.44.

On May 18 th, 2017, research firm Deutsche Bank downgraded the Company's stock rating from 'Hold' to 'Sell' while revising its previous target price from $246 a share to $145 a share. Get free access to your research report on GWW at:

http://stock-callers.com/registration/?symbol=GWW

--

Stock Callers:  

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES :

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today