Gigacloud Tech

What is your pick from this week Magic Formula list?

For all the Joel Greenblatt's Magic Formula enthusiast on this platform I think it will be fun to publish this week Magic Formula's list and get your take on the stocks in the list.

What stock would you pick and keep for 1 year? Why?

Magic Formula's list (17/11/2024)

• $MO (+1,72 %)
• $BTMD
• $BMBL
• $CRNC (+26,2 %)
• $COLL (-1,03 %)
• $CCSI
• $CROX (+5,34 %)
• $CTMX (+1,2 %)
• $DESP (+2,85 %)
• $TRDA
• $GTX (+2,24 %)
• $GCT
• $HRMY
• $HSII (+0,45 %)
• $HPQ (+1,78 %)
• $INVA (+1,38 %)
• $IPG (+0,98 %)
• $JILL (+5,37 %)
• $MED (+0,31 %)
• $PARA (+4,35 %)
• $MD (+2,48 %)
• $PRDO (+2,33 %)
• $PLTK (-0,3 %)
• $PBYI
• $RMNI (+3,51 %)
• $SIGA
• $SIRI
• $SPRO (+0,8 %)
• $UIS (+6,15 %)
• $VYGR (+3,87 %)

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$GCT ... Revenue and net income growth has been phenomenal, and as GCT's marketplace grows, we expect that the company's flywheel should get even stronger.

Simply put, GCT is growing by leaps and bounds.

Over the last twelve months, the company produced:

$827 million in Revenue.

$225 million in Gross Profit, (27% GM%)

$105 million in Net Income (13% NM%)

One year ago, the company's TTM results looked like this:

$505 million in Revenue

$96 million in Gross Profit (19% GM%)

$35 million in Net Income (7% NM%)