Garrett Motion exceeded expectations with its Q3 results, reporting strong sales and earnings. The company also raised its dividend and increased full-year performance targets. Stock price surged 19.3% after the report, outperforming the S&P 500 and Nasdaq Composite. Revenue for the quarter was $902 million, up 9.2% year over year, with earnings per share at $0.38. Garrett Motion is now projecting revenue between $3.5 billion and $3.6 billion for the year, with net income between $265 million and $295 million. Investors are optimistic about Garrett’s future, following the positive results and increased outlook.

Before investing in Garrett Motion, note that the Motley Fool Stock Advisor team identified 10 stocks they believe are better buys. Garrett Motion was not on the list, which has historically produced impressive returns for investors. The total average return for Stock Advisor is 1,028%, significantly higher than the S&P 500. Don’t miss out on the latest top 10 list from Stock Advisor, designed for individual investors seeking high returns.

Read more at Yahoo Finance: Why Garrett Motion Stock Skyrocketed Today