The stock for GrowGeneration ($GRWG) is opening around $44.40 today, up from $36.87 (20%+ increase) on May 24th. Will the stock keep rising?
Many experts think so as it has a “BUY” rating. MarketBeat.com has compiled numerous analyst forecasts and the average price target is $56.25 which is another 28% increase.
It looks to be going up so ride the wave.
For those that don’t know GrowGeneration Corp. engages in the retail of hydroponic and organic specialty gardening products. It offers lighting fixtures, nutrients, seeds and growing media systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company was founded by Darren Lampert and Michael Salaman on March 6, 2014 and is headquartered in Denver, CO. The listed name for GRWG is GrowGeneration Corp. Common Stock.