This Stock Has Jumped 5x in Five Years. Consider Buying Before It Soars Higher
A $1,000 investment in Keysight Technologies (NYSE: KEYS) five years ago is worth more than $5,600 now thanks to the consistent growth in the company's top and bottom lines. What's impressive is that Keysight has remained a top stock despite running into hiccups on account of the COVID-19 outbreak in 2020.
The networking test equipment manufacturer faced operational disruptions last year as the pandemic gripped the globe, triggering a decline in revenue and earnings as it had to halt production. However, Keysight has bounced back from last year's disappointment -- as its latest quarterly results indicate -- and is on track to get better. Let's look at the reasons why investors looking to buy a tech stock should consider it.
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Source Fool.com