ChargePoint Stock Outperforms Despite Market Dip, Upcoming Earnings Release Draws Analyst Optimism
-
ChargePoint Holdings (CHPT) stock rose despite market dip, outpacing S&P 500 and Nasdaq losses.
-
Upcoming earnings release will be of great interest as estimates project improved EPS and revenue growth.
-
Recent positive estimate revisions reflect analyst optimism about the company.
-
Zacks Rank system carries strong track record of identifying stocks with potential to outperform.
-
ChargePoint has Zacks Rank #3 (Hold) in industry ranked in bottom 43%.
-
Top 50% of Zacks ranked industries outperform bottom half by 2 to 1 ratio.