Garrett Motion Inc. (NASDAQ:GTX) saw a surge in stock price to a new all-time high on Friday following impressive earnings and an optimistic growth outlook. Intra-day trading hit a record high of $17.05 before closing up 13.8% at $16.99. The company reported a 48% increase in net income to $77 million, with net sales rising 9.2% to $902 million. Full-year net income projection was raised to $265 million to $295 million, with net sales projection now at $3.5 billion to $3.6 billion. While GTX shows potential, some AI stocks may offer greater returns.

Read more at Yahoo Finance: Garrett Motion (GTX) Climbs to Fresh High on Impressive Earnings, Upbeat Outlook