Itron Up 22% in Three Months: How Should Investors Play the Stock?
Itron(ITRI) ZACKS·2024-12-05 22:51
Itron (ITRI) stock has proved resilient amid a volatile market environment with a 22% gain in the past three months, outperforming its sub-industry, the Zacks Computer and Technology sector and the S&P 500 composite’s growth of 10.7%, 16.8% and 12.6%, respectively. The stock has risen 56.4% year to date.Strong market demand in both the energy and water sectors has been driving the adoption of Itron’s solutions. ITRI outpaced estimates in each of the trailing four quarters, with the average surprise being 49 ...