BUZZ-Australia's Zip set for best year ever on strong US ops, earnings

Shares of Australia's Zip ZIP.AX set for their strongest year ever

Stock on track to gain about 370% in 2024, two years after its weakest year

Stock, however, near 70% below its record level of 2021 at the height of buy now-pay later era

Shares rally after co's U.S. operations continue to take market share

ZIP gained nearly 16% in late January after an upbeat quarterly report and improved HY forecast

Citi hiked its PT and also gave a "buy" rating in March for the stock on likely market growth in the U.S.

ZIP further raised A$217 mln ($134.87 mln) in July, which analysts remained positive on

ZIP climbed to over a two-and-half-year high in October after a bumped HY profit

ZIP currently trading at A$2.96

($1 = 1.6090 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com))