Arrow Electronics stock returned 104% year-to-date, outperforming most Magnificent Seven stocks. The electronics distributor and consultancy reported 39% year-over-year revenue growth to $9.5 billion in the latest quarter, with earnings jumping 201% to $4.55 per share. Its Enterprise Computing Solutions arm drove surging revenue.
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Summary by ByteBrief
Innodata: The Bull Case Got Stronger, The Valuation Got Harder