GrowGeneration Corp. is a diversified hydroponics supplier with significant exposure to the cannabis industry, trading at $1.50 per share. GRWG recently beat consensus EPS and revenue forecasts, but guidance for the next quarter is lower, potentially setting up another positive surprise. The stock trades in a $1–$2 range for 2025, with deeply depressed valuations and limited downside, but GRWG remains in a long-term bearish trend.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, GrowGeneration (GRWG) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
GrowGeneration (GRWG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
| Specialty Retail Industry | Consumer Discretionary Sector | Darren Lampert CEO | NASDAQ (CM) Exchange | 39986L109 CUSIP |
| US Country | 289 Employees | - Last Dividend | - Last Split | 11 Nov 2016 IPO Date |
GrowGeneration Corp. operates as a pivotal player in the hydroponic and organic gardening industry within the United States, primarily focusing on the retail sector. Established in 2008 and having its headquarters in Greenwood Village, Colorado, the company has expanded its reach across multiple states, showcasing its significant presence in the market. Formerly known as Easylife Corp., GrowGeneration has carved a niche for itself by specializing in the provision of comprehensive solutions for both indoor and outdoor gardening enthusiasts. Through its extensive network of stores spread across states like California, Colorado, Michigan, and many others, alongside its robust online platform growgeneration.com, the company caters to a wide array of customer needs, ranging from small-scale home gardeners to large-scale commercial agricultural operations.
GrowGeneration Corp. offers an extensive range of nutrients and additives tailored to enhance plant growth and health. These products are designed to meet the specific needs of hydroponic and organic gardening practices, ensuring optimal plant nutrition.
The company provides a variety of growing media options, including soil, coco coir, and hydroponic substrates, to support different growth stages and methods. These media are selected to ensure proper aeration, moisture retention, and nutrient delivery to the plants.
Understanding the crucial role of light in plant growth, GrowGeneration offers a wide selection of lighting solutions such as LED and HID lights. These products cater to various indoor gardening requirements, offering energy-efficient and spectrum-specific options to simulate natural light conditions.
To provide a controlled growing environment, the company markets environmental control systems, including temperature, humidity, and CO2 management tools. These systems help in creating the ideal conditions for plant growth and development.
Apart from the core items, GrowGeneration also deals in a broad range of other indoor and outdoor growing products. These include tools and accessories essential for gardening and cultivation, including but not limited to pruning shears, pots, and irrigation systems.
The online superstore, growgeneration.com, serves as a one-stop-shop for cultivators, offering a comprehensive product range alongside a wholesale business for resellers. This platform ensures availability and accessibility of products to a wider audience.
GrowGeneration extends its offerings to include HRG Distribution, providing benching, racking, and storage solutions. This segment caters to the organizational needs of growers, facilitating efficient space utilization and management.
The MMI provision further diversifies the company's portfolio, although the original description does not specify its nature. It indicates an expansion into additional services or products that complement its existing range, underscoring the company's commitment to serving the comprehensive needs of its clientele.