Belden Inc (BDC) Hit a 52 Week High, Can the Run Continue?
Belden(BDC) ZACKS·2024-08-02 22:16
Shares of Belden (BDC) have been strong performers lately, with the stock up 8.9% over the past month. The stock hit a new 52-week high of $102.47 in the previous session. Belden has gained 30.1% since the start of the year compared to the 5.8% move for the Zacks Industrial Products sector and the -3% return for the Zacks Wire and Cable Products industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any ...