Allison Transmission Holdings, Inc. (ALSN) Hits Fresh High: Is There Still Room to Run?
Allison(ALSN) Zacks Investment Research·2024-02-23 15:16Shares of Allison Transmission (ALSN) have been strong performers lately, with the stock up 23.9% over the past month. The stock hit a new 52-week high of $73.47 in the previous session. Allison Transmission has gained 26.2% since the start of the year compared to the -5.5% move for the Zacks Auto-Tires-Trucks sector and the -2.4% return for the Zacks Automotive - Original Equipment industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed o ...