5 Stocks Delivering Eye-Popping Gains

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1. Garrett Motion Inc. (NASDAQ:GTX)

Garrett Motion soared to a fresh all-time high on Thursday, as investors took heart from the company’s strong earnings performance in the first quarter of the year, and a higher growth outlook for the full-year period.

At intra-day trade, the stock climbed to its highest price of $25.77 before paring gains to finish the session just up by 24.99 percent at $25.61 apiece.

In an updated report, Garrett Motion Inc. (NASDAQ:GTX) said that it grew its net income by 53 percent to $95 million from $62 million in the same period last year, primarily driven by a $17 million jump in gross profits and a $7 million higher non-operating income.

Net sales grew by 12 percent to $985 million from $878 million year-on-year, driven by strong demand from commercial vehicle off-highway and industrial, supported by a higher share in passenger vehicles.

Encouraged by the results, Garrett Motion Inc. (NASDAQ:GTX) raised its GAAP net income forecast to a range of $300 million to $360 million, from $295 million to $335 million previously.

It also upgraded the upper end of its net sales growth guidance to $3.9 billion from $3.8 billion, while the lower end was maintained at $3.6 billion.

In other news, Garrett Motion Inc. (NASDAQ:GTX) announced the distribution of $0.08 in dividends to all shareholders on record as of June 1, 2026, payable on June 15.

While we acknowledge the potential of GTX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GTX and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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