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Stock To Watch: Graco Gains More Than 7% At Open

Graco Inc. (GGG) shares were climbing more than 7 percent in morning trade. Monday after market close, the company had reported a surge in the fourth-quarter earnings to $84.8 million from $73.7 million in the prior year. Earnings per share surpassed analysts' estimates. Sales were up 1 percent to $412.3 million from $406.4 million a year ago.

Tuesday, the shares opened at $54.90 and reached 52-week high of $55.34. Currently the stock is trading at $55.17, up 7.32 percent.

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