GigaCloud Technology: Explosive Growth, Market Pricing In Disaster

Bulgac GigaCloud Technology Inc. (NASDAQ:GCT) stock is getting crushed today following just-reported Q2 earnings. Despite the impressive growth rate, as well as a really attractive valuation for this growth, the stock just cannot catch a bid. This comes as we have had a one-year target of $60 on the stock, assuming a market multiple commensurate with your average stock, provided the growth continues. The growth is continuing, and while the quarter was not completely pristine, this was a very solid quarter, ...