
Keysight Technologies (NYSE: KEYS) is a somewhat under-the-radar technology stock benefiting significantly from multiple converging tailwinds. The company is seeing growing demand from both artificial intelligence (AI) and defense markets, two of the world’s hottest industries. Interest from these markets has helped Keysight shares soar more than 80% over the past 52 weeks. This includes the huge 23% spike the company saw after its latest earnings report.
So, what exactly does Keysight do, and why exactly has this name been able to put up such strong performance? And, more importantly, is there still room for Keysight to deliver significant gains long-term? Let’s dive into these questions.