This Under-the-Radar Tech Stock Is Crushing the Market, and It Is Still a Bargain
The S&P 500 slipped 9% in the past six months, but shares of Keysight Technologies (NYSE: KEYS) didn't contribute to this market sell-off as it gained 16% over the same period. Those gains were thanks to a string of solid results driven by healthy orders for the company's communications equipment.
Keysight might not be a household name, but the company plays a key role in the deployment of faster networks such as 5G and open radio access networks (O-RAN) with the help of its test and measurement tools. And its products gained traction in the fast-growing automotive electronics and semiconductor markets as well.
These catalysts helped Keysight put up solid numbers in recent quarters, and investors rewarded the company's performance with a resilient performance in the stock market. The good part is that its solid order book suggests that its growth is sustainable.
Source Fool.com
