Arrow Electronics, Inc. (ARW) Hits Fresh High: Is There Still Room to Run?
Shares of Arrow Electronics (ARW) have been strong performers lately, with the stock up 37.9% over the past month. The stock hit a new 52-week high of $160.63 in the previous session. Arrow Electronics has gained 44% since the start of the year compared to the -0.6% move for the Zacks Computer and Technology sector and the 34.4% return for the Zacks Electronics - Parts Distribution industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten th ...