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Valued at a market cap of $9.2 billion, Generac Holdings Inc. (GNRC) designs, manufactures, and distributes various energy technology products and solutions. Based in Waukesha, Wisconsin, the company’s products include engines, alternators, transfer switches, mobile heaters, water pumps, energy monitoring devices, and other outdoor power equipment components for residential and commercial use.
Companies worth less than $10 billion are generally described as “mid-cap” stocks, and Generac Holdings fits into this category. The company is a leader in emergency power and preparedness and is renowned for its backup and prime power systems, solar and battery storage systems, and energy monitoring and management devices and services.