Samsara Up 53% in the Past 6 Months: Is the Stock Still a Screaming Buy?

Samsara (IOT) shares have surged 52.7% over the trailing six-month period compared with the Zacks Computer & Technology sector’s rise of 8.5% and the Zacks Internet - Software sector’s rally of 15.9%.The company has outperformed its industry peers, including 8x8 (EGHT) and Five9 (FIVN) , over the trailing six months. While EGHT and FIVN have gained 35.4% and 7.2% respectively.The uptick can be attributed to Samsara’s expanding clientele and strong partner base. IOT’s momentum in customer acquisition during ...