Why Regal Rexnord Stock Sailed More Than 9% Higher This Week
Regal Beloit(RRX) The Motley Fool·2024-09-21 05:59
If management's predictions are accurate, the company is in for a period of sustained growth. Electric motor specialist Regal Rexnord (RRX -2.63%) was quite the motor of growth over the past few trading sessions. The company's shares were a bright spot on the market, rising by more than 9% over the week, according to data compiled by S&P Global Market Intelligence. Management gave fresh estimates for the coming years, and investors clearly liked what they heard. Guiding for growth Regal Rexnord held its 202 ...