Three Reasons to Retain Accuray (ARAY) Stock in Your Portfolio

Accuray Incorporated (ARAY) is well-poised for growth in the coming quarters, courtesy of continued solid demand for its products. The optimism led by the second quarter of fiscal 2024 performance and potential in Precision Treatment Planning System (TPS) are expected to contribute further. However, overdependence on technologies and stiff competition persists.Over the past year, this Zacks Rank #3 (Hold) stock has lost 5.8% against the 9.3% rise of the industry. The S&P 500 has witnessed 25.4% growth in th ...