While its addressable market may seem modest, GrowGeneration’s revenue growth points to more dominance in the high-growth market it seeks to standardize. Between this growth and the substantial discount where the stock trades today, GrowGeneration could be a top growth stock to buy for the foreseeable future.
Similarly Who is Darren Lampert? Darren Lampert is 59, he’s been the Chief Executive Officer and Director of GrowGeneration Corp since 2014. There are 5 older and 6 younger executives at GrowGeneration Corp.
When did GRWG go public? We received approval from the OTCQB Market to trade our common stock under the ticker symbol of “GRWG” as of October 19, 2016, and commenced trading on November 11, 2016.
Additionally, Is GrowGeneration a good long term investment?
The company is close to achieving more than $1 billion in revenue and profitability (hopefully by next year), making it the better growth stock to consider for the long term.
Is GRWG a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is GrowGeneration profitable? We believe the management team in place now is better suited than any other team in the industry to drive profitable growth over the next decade. » 2021 Financial Highlights: Full year 2021 projected revenue between $420 million to $422 million, versus $193 million for full-year 2020.
