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With a market cap of $29.3 billion, Keysight Technologies, Inc. (KEYS) is a leading provider of electronic design and test instrumentation solutions, serving industries such as communications, aerospace, automotive, and semiconductor. The Santa Rosa, California-based company offers advanced software and hardware tools, along with comprehensive support services to help optimize test and measurement processes.
Shares of the electronic measurement provider have underperformed the broader market over the past 52 weeks. KEYS stock has surged 23.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.8%. In 2024, shares of KEYS are up nearly 6%, compared to SPX's 25.8% gain on a YTD basis.