Carpenter Technology Corporation (CRS) Hit a 52 Week High, Can the Run Continue?
Shares of Carpenter Technology (CRS) have been strong performers lately, with the stock up 11.1% over the past month. The stock hit a new 52-week high of $370.59 in the previous session. Carpenter has gained 16% since the start of the year compared to the 16.3% move for the Zacks Basic Materials sector and the 18.3% return for the Zacks Steel - Speciality industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in eac ...