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Stock impact report

Has Resideo's 56.8% Year To Date Surge Already Priced In Its Growth Story? [Yahoo! Finance]

Resideo Technologies, Inc. (REZI) 
Last resideo technologies, inc. earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock has cooled slightly over the last week, down about 1.3%, but that comes after a strong 22.7% gain over the past month and a hefty 56.8% rise year to date. Investors have been reacting to Resideo's ongoing transformation efforts and portfolio streamlining, alongside management's focus on higher margin segments. This has helped shift sentiment toward a more growth oriented narrative. At the same time, its positioning in smart home and critical comfort and security solutions has kept it on the radar as demand for connected devices continues to expand. On our valuation checks, Resideo scores a solid 4 out of 6 for being undervalued, which suggests there is still some upside if the current trends hold. Next, we will unpack what different valuation approaches say about that score and finish with a more powerful way to think about the company's true long term value. Resideo Technologies delivered 45.7% returns over the last year. See how this stacks up to the rest of the Bui Show less Read more
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