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Stock Analyst Update

Gateway Is More than Just a Box Maker

Non-PC sales drove second-quarter results for computer maker.

Mentioned:

Gateway’s (GTW) second-quarter performance provided more evidence that the firm continues to be one of the more attractive investment ideas in the PC sector.

Although year-over-year sales growth was in line with expectations at 12%, Gateway managed to report earnings a penny ahead of estimates on Thursday evening by bringing in more high-margin non-PC revenue. More so than raw top-line growth, it's this stream of "beyond the box" revenue that sets Gateway apart from the rest of the PC crowd.

Jeremy Lopez does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.