NVT - 3 Magnificent Stocks That Soared on Earnings but Still Have Room to Run
2023-11-21 06:45:00 ET
Chasing a soaring stock just because it had a good earnings report is never a good idea. But sometimes, an earnings report can reaffirm an existing investment thesis, signal a turnaround in a business, or provide an indication of where a business is headed and why a company should be worth more.
Target (NYSE: TGT) , nVent Electric (NYSE: NVT) , and PTC (NASDAQ: PTC) all popped after earnings for good reasons. Three Motley Fool contributors were asked to offer their views on why each stock is worth buying now. Here's what they had to say.
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3 Magnificent Stocks That Soared on Earnings but Still Have Room to Run