Global Industrial Co

GIC is in a clear Stage 2 advance with a textbook series of higher highs and higher lows above rising EMAs, supported by steady momentum and constructive volume. Although extreme overbought readings warrant caution, any pullback toward the 9-EMA/20-EMA zone offers a lower-risk buying opportunity in line with the prevailing uptrend.

• ↑Q2 revenue $386.6M (+7.7% YoY), third straight quarter of high single-digit sales growth
• ↑Declared $0.28 per share dividend (2.8% yield) and repurchased 160,000 shares for $4.7M
• ↓Non-GAAP gross margin slipped to 34.7% as fuel surcharges pressured costs