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With a market cap of $8 billion, Waukesha, Wisconsin-based Generac Holdings Inc. (GNRC) is a manufacturer of power generation equipment, energy storage systems, and other power products, including portable, residential, commercial, and industrial generators.
Companies worth $2 billion to $10 billion are typically referred to as "mid-cap stocks." GNRC fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the industrial space, offering a worldwide distribution of its energy technology products and solutions.