Momentum has been driving the market, led by artificial intelligence stocks, with the S&P 500 up 10% for the first quarter. However, the markets have started broadening, with financials, industrials and energy stocks also rallying. This deeper dive will unearth some of the best bargain stocks to buy in April to take advantage of the improving market breadth.Indeed, the market has had a scorching run since the bottom on Oct. 27, 2023. Since then, the S&P 500 is up 27%. Technology stocks, especially AI stocks ...

imaginima GigaCloud: High-Growth B2B E-Commerce Platform Investors in the B2B e-commerce platform GigaCloud Technology Inc. (NASDAQ:GCT) have continued to outperform the S&P 500 (SPX) (SPY), although the journey over the past three months has been highly volatile. In my January GCT article, I encouraged investors to consider a pullback in GCT before pulling the buy trigger. While the pullback occurred in February as GCT fell toward the $20 level, buyers returned aggressively, buying into the dip. However, G ...

March remained a solid stock season, and all signs point to continued strength if you’re looking for stocks to buy in April. Though inflation seems mildly stickier than previously planned, most expect the planned rate cuts to go into effect later this year, creating continued market momentum that’s surprisingly hard to shake.We’re mostly past fourth-quarter and end-of-year 2023 earnings reports, and, across the board, most popular companies performed in line with or beyond expectations. That relative perfor ...

Table of Contents _____________________ _____________________ Cayman Islands 00-0000000 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Class A ordinary shares, par value $0.05 per share GCT The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K _____________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECUR ...

The current market’s volatility is ripe for momentum investing, a strategy well-suited for those who easily navigate daily market fluctuations. Distinct from value investing, which focuses on acquiring undervalued assets, high-momentum investing is predicated on the belief that assets with strong recent performance will likely maintain their trajectory in the short term. Essentially, momentum investing seeks to profit from the stock market’s ‘hot streaks.’The rapid evolution of artificial intelligence, biot ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

M N 19 Mar 2024 CMB International Global Markets | Equity Research | Company Update GigaCloud (GCT US) Riding on stepping-up of expansion Target Price US$43.0 GigaCloud (GCT) 4Q23 results beat already-high expectation, with revenue (Previous TP US$30.0) /earnings +95%/185% YoY (beating 9%/43%). Coupled with robust 1Q24E Up/Downside 25.7% guidance, we see high visibility for its strong performance in next few quarters, Current Price US$34.2 backed by continuous share gain and SKU& Sellers expansion. Leveragi ...

GigaCloud Technology Inc. (NASDAQ:GCT) Q4 2023 Earnings Conference Call March 18, 2024 8:30 AM ET Company Participants Larry Wu - Chairman, Chief Executive Officer Iman Shrock - President David Lau - Chief Financial Officer Conference Call Participants Mike - Roth MKM Sophie Huang - CMBI Brian Kintslinger - Alliance Global Partners Rommel Dionisio - Aegis Capital Operator Good day and thank you for standing by. Welcome to GigaCloud Technology’s fourth quarter and full year 2023 earnings conference call. At ...

E-commerce solutions company GigaCloud Technology (GCT 23.32%) was a big winner on the stock market as the trading week came to a close. On Friday, the company's shares rocketed more than 23% higher on the back of very encouraging quarterly results. The stock's performance was night-and-day better than that of the S&P 500 index, which slumped to close 0.7% lower.Convincing beats on both the top and bottom linesFor its fourth quarter, GigaCloud took in just under $245 million in revenue; this was nearly doub ...

GigaCloud Technology Inc. (GCT) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of $0.59, delivering a surprise of 55.26%.Over the last four quarters, the co ...