The stock markets have been quite turbulent recently. A strong rally was followed by profit-taking, and some stocks such as ThyssenKrupp, ARM Holdings, Groupe Gorgé and Palantir were particularly in focus. But let's take a look at Gap $GPS (+8,82 %) take a look at Gap.
The American clothing company really surprised on the upside with its figures for the first quarter of 2024. Sales rose to a whopping USD 3.39 billion and the company was able to present a positive net result of USD 0.41 per share after a loss in the previous year. This is significantly better than the consensus forecasts - a real ray of hope for investors! 🔥
In addition, the Management Board has raised its annual targets, which is why many analysts have had to adjust their forecasts. The fair value of the share was previously around USD 22, and it will be exciting to see how the share develops. If you are looking for potential investments, Gap $GPS (+8,82 %) might be worth a look.