The efficiency of turbine engines can be measured by…
Amanda Holden-hosted quiz The Celebrity Inner Circle just wrapping up on BBC1. There always seems to be a Strictly alumna or two among the guests and this week, it’s…
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Alcaraz fresh and fired up in Paris: 'This year is totally different' – ATP Tour
- Alcaraz fresh and fired up in Paris: ‘This year is totally different’ ATP Tour
- Masters of Paris: Where ATP No. 1 Club members shine ATP Tour
- Alcaraz : « They have to do something with the calendar » tennismajors.com
- Carlos Alcaraz’s Paris…
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Shuttered robot vacuum maker Neato is ending cloud services sooner than planned
Starting soon, Neato robovac owners will no longer be able to control their devices using the app. Neato Robotics, which shut down in 2023 due to declining sales, has notified customers that “cloud services are being phased out during Q4 2025,”…
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Greek singer-songwriter Dionysis Savvopoulos buried in a state funeral
ATHENS, Greece — Popular Greek singer-songwriter Dionysis Savvopoulos was buried Saturday at Athens’ First Cemetery in a state-sponsored funeral, four days after his death at age 80.
Savvopoulos had died of a heart attack after battling cancer…
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Guillermo Del Toro Would “Rather Die” Than Use AI
As the discourse around AI in Hollywood continues to intensify, Guillermo del Toro is planting his feet in opposition of the filmmaking fad.
The 8x Oscar winner recently said he would “rather die” than use generative AI in his films,…
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Zverev sets Sinner final in Vienna after earning Musetti revenge – ATP Tour
- Zverev sets Sinner final in Vienna after earning Musetti revenge ATP Tour
- Zverev joins Alcaraz, Sinner & Djokovic, qualifies for Nitto ATP Finals ATP Tour
- Tennis, ATP – Vienna Open 2025: Zverev knocks out Musetti tennismajors.com
- Alexander…
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Medical Journal Screed Decries All Fetal Personhood Laws
This article is republished from National Review with the permission of the author.
Fetal personhood is a controversial issue that deserves respectful debate. But the New England Journal of Medicine just published a screed by two…
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Willie Nelson Gets Into the Holiday Spirit With ‘Christmas Love Song’
It’s not even Halloween yet but country legend already doling out Xmas gifts
Like Mariah Carey, Willie Nelson is getting into the holiday spirit before even Halloween as the country legend has shared his festive new ballad…
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Garrett Motion (GTX) Climbs to Fresh High on Impressive Earnings, Upbeat Outlook
We recently published 10 Stocks Beating Wall Street’s Bets. Garrett Motion Inc. (NASDAQ:GTX) is one of the best performers on Friday.
Garrett Motion capped Friday’s trading soaring to a new all-time high as investors continued to digest impressive earnings for the past quarter, alongside a higher growth outlook.
At intra-day trading, the stock soared to a record high of $17.05 before trimming gains to finish the day up by 13.8 percent at $16.99 apiece.
In an updated report on Thursday, Garrett Motion Inc. (NASDAQ:GTX) said it grew its net income by 48 percent to $77 million from $52 million in the same period last year, on the back of a $20 million jump in gross profit, $8 million lower interest cost, and a $2 million increase in non-operating income.
Garrett Motion (GTX) Climbs to Fresh High on Impressive Earnings, Upbeat Outlook laurel-and-michael-evans-c-KDq7nxVdQ-unsplash
Net sales, on the other hand, rose by 9.2 percent to $902 million from $826 million year-on-year, primarily driven by higher demand in gasoline and diesel, a favorable currency impact, and recoveries on enacted import tariffs.
Following the results, Garrett Motion Inc. (NASDAQ:GTX) raised its full-year net income projection to a range of $265 million to $295 million, versus the $233 million to $278 million previously.
Net sales projection was also upgraded to a range of $3.5 billion to $3.6 billion, versus the $3.4 billion to $3.6 billion prior.
While we acknowledge the potential of GTX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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