Why Generac Stock Powered Higher This Week
Generac Holdings (NYSE: GNRC) stock jumped this week after reporting quarterly earnings and boosting its full-year sales forecast. Shares were about 17% above last week's close as of Friday at noon, according to data provided by S&P Global Market Intelligence.
A sluggish housing market isn't slowing Generac's growth. That's because the company is now seeing strength from the expanding data center construction market.
Source Fool.com
