W.W. Grainger will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.

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This was the stock's fourth consecutive day of gains.

Buying $100 In GWW: If an investor had bought $100 of GWW stock 20 years ago, it would be worth $1,651.26 today based on a price of $1045.29 for GWW at the time of writing.

Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.