GigaCloud (GCT) Up 67% YTD: Should You Board the Train Now?
GCTGigaCloud(GCT) ZACKS·2024-07-18 02:00

GigaCloud Technology Inc. (GCT) has had an impressive run this year. The stock has surged 67.3%, significantly outperforming the 25.8% rally of the industry it belongs to and the 17.6% growth of the Zacks S&P 500 composite.When we compare GCT's performance to its close competitors, the results are intriguing. While Revolve Group (RVLV) has seen a 10.6% rise, Beyond (BYON) has suffered a 46.6% decline over the same period.GCT’s upward trajectory can be attributed to its unique B2B logistics business model, w ...