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We recently compiled a list of the 10 Firms Defy Market Pessimism. In this article, we are going to take a look at where TAL Education Group (NYSE:TAL) stands against the other firms.
Ten companies finished firmer on Friday, bucking an overall market pessimism, over a series of catalysts sparking buying appetite.
Wall Street’s main indices all finished in the red territory, with the Dow Jones down by 0.32 percent, the S&P 500 dropped 0.29 percent, and the Nasdaq down 0.50 percent.
In this article, let’s take a look at which companies defied broader market pessimism and explore the reasons behind their growth.
Friday’s top advancers only considered 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)
China-based TAL Education Group (NYSE:TAL) rose for a second day on Friday, ending the day up by 5.6 percent at $11.69 apiece as investors bought up positions after posting double-digit growth in its earnings performance in the past quarter of the year.
According to the company, revenues surged by 62.4 percent in the third quarter of fiscal year 2025 to end at $606.4 million as against the $373.5 million reported year-on-year.
The strong revenues bolstered the company’s swing to profitability, with a net income of $38.6 million as against a net loss of $1.9 million in the same period last year.
Operating loss also narrowed by 81 percent to $1.9 million from $10.2 million year-on-year.
“We achieved healthy year-on-year revenue growth this quarter. Our AI learning devices remained one of our faster-growing business lines and received encouraging user feedback and market recognition,” said TAL Education President and Chief Finance Officer Alex Peng.
Overall TAL ranks 10th on our list of the firms that defy market pessimism. 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 timeframe. 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.
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Disclosure: None. This article is originally published at Insider Monkey.