Controversial Trade Idea: $GWW sells metal detectors
I'll do my best to leave the politics out of this.
Mass shootings are in the spotlight again, and it would be obvious in hindsight to see a boost in demand and sales for security systems such as metal detectors.
GWW
, who just teamed up with The Mom Project, had $13 billion in sales in 2021 and is a leading distributor with operations in North America, Japan, and the UK. They also provide services like repair, maintenance, and other solutions.
$GWW is consolidated, allowing for both directional entry upon a breakout north or south (breakout levels $530 and $450, respectively). I will trade in the direction of the break with a bullish personal bias.
See products (security, metal detectors, scanners): https://www.grainger.com/search/security/detectors-scanners-and-accessories/detectors-and-scanners
Mass shootings are in the spotlight again, and it would be obvious in hindsight to see a boost in demand and sales for security systems such as metal detectors.
GWW
, who just teamed up with The Mom Project, had $13 billion in sales in 2021 and is a leading distributor with operations in North America, Japan, and the UK. They also provide services like repair, maintenance, and other solutions. $GWW is consolidated, allowing for both directional entry upon a breakout north or south (breakout levels $530 and $450, respectively). I will trade in the direction of the break with a bullish personal bias.
See products (security, metal detectors, scanners): https://www.grainger.com/search/security/detectors-scanners-and-accessories/detectors-and-scanners
