GigaCloud Technology (GCT) reached a new 52-week high with strong technical momentum and a 100% “Buy” rating from Barchart. The stock is up 78% over the past year, with multiple “Strong Buy” ratings from analysts. Valued at $1.42 billion, GCT offers B2B technology solutions connecting manufacturers in Asia with resellers worldwide. Technical indicators show the stock has a Trend Seeker “Buy” signal and has gained 13.09% since November 10. Analysts and investors are bullish on GigaCloud, with price targets ranging from $33 to $44 and positive sentiment across various investment platforms. Short interest is high at 10.29%.
Read more at Barchart: This Little-Known Cloud Tech Stock Just Hit a New 52-Week High
