Nothing can stop the GUD Holdings Limited (ASX: GUD) share price it seems.
During trade today the shares of the manufacturer of cleaning products and household appliances have climbed 3.5% to reach an all-time high of $13.74.
This latest gain brought its year-to-date return to a massive 31%.
The GUD Holdings share price started its ascent back on February 1 following the release of its half-year results and hasn't looked back since.
Although underlying half-year EBIT from continuing operations increased just 1% on the same period last year to $39.1 million, investors appear to have been pleased with how optimistic managing director Jonathan Ling was on the second-half.
He reaffirmed full-year guidance of underlying EBIT of around $85 million. This would be a 25% increase on FY 2016's EBIT.
Not everyone is bullish on its prospects though. One leading broker recently recommended selling GUD Holdings' shares.
