Hagerty (HGTY) Soars 6.3%: Is Further Upside Left in the Stock?

Hagerty, Inc. (HGTY) shares rallied 6.3% in the last trading session to close at $10.11. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.4% gain over the past four weeks. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements ...