◆ NeutralGCT
Bull of the Day: GigaCloud Technology Group Inc. (GCT)
Zacks Investment Research·
GigaCloud Technology (GCT) is a rapidly growing logistics and e-commerce company specializing in storage, distribution, and delivery of large, bulky products. The company reported 28% YoY revenue growth to $411.6M in Q2 with 45% EPS growth. Trading at 11.5x forward earnings with projected 23.4% revenue growth and 37.1% earnings growth this year, GCT recently broke out to new all-time highs. Despite strong fundamentals and limited analyst coverage, the stock presents an attractive growth opportunity.
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