Why TAL Education Group (TAL) Is Skyrocketing

We recently published a list of 10 Firms End 2024 Stronger With Impressive Gains. In this article, we are going to take a look at where TAL Education Group (NYSE:TAL) stands against other firms end 2024 stronger with impressive gains.

A lackluster trading persisted throughout the last day of the year, with Wall Street’s main indices ending the day mixed.

The Dow Jones Industrial Average dipped by 0.07 percent, the S&P 500 shed 0.43 percent, and the Nasdaq Composite declined by 0.90 percent. Meanwhile, NYSE Composite inched up by 0.10 percent and S&P Composite rose by 0.44 percent.

Despite the lack of catalysts to spark trading, 10 companies–predominantly in the biopharmaceuticals sector–posted impressive gains. Let’s explore the reasons behind their outstanding performance.

To come up with Monday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

A teacher providing personalized instruction to a student in a small class environment.

TAL Education Group (NYSE:TAL)

TAL Education (NYSE:TAL) finished the year stronger, ending Wednesday’s trading up by 3.73 percent to $10.02 apiece as investors placed bets amid brighter prospects for the education industry under the Trump administration, complemented by better outlook from analysts.

According to a report by Zack Research, the company is expected to post quarterly earnings of $0.04 per share in its upcoming report, representing a more than 200 percent increase year-on-year. Meanwhile, revenues are expected to settle at $549.71 million, up 47.2 percent from the same period last year.

TAL Education (NYSE:TAL) is continuously refining and expanding its learning programs to deliver high-quality educational experiences. The company’s Peiyou small-class offerings, which have been a significant driver of revenue, are being enhanced through standardized lecturing approaches and interactive, student-centric learning experiences.

Overall, TAL ranks 8th on our list of firms end 2024 stronger with impressive gains. While we acknowledge the potential of TAL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TAL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

Disclosure: None. This article is originally published at Insider Monkey.