Should You Buy GigaCloud Technology (GCT) Ahead of Q1 Earnings?

GigaCloud Technology Inc. (GCT) will report its first-quarter 2024 results on May 9, before the bell.Let’s check out how GCT is currently doing.Stock Looks Cheap Despite Massive Price RiseThe stock has gained a massive 100% year to date, significantly outperforming the 13.1% rally of the industry it belongs to. But GCT is still trading at a forward sales multiple of 13.8X, significantly below the industry’s 39.41X.Company Well Poised on Recent AcquisitionsIn late 2023, GCT completed the acquisitions of Nobl ...