Investor’s Business Daily’s IBD 50 is “a weekly, rules-based, computer-generated stock index.” It “seeks to identify the current top 50 growth stocks.” Since the companies on the IBD Top 50 do tend to have strong fundamentals and excellent growth characteristics, it’s a good screening tool that enables investors to find good stocks to buy. Moreover, not all of the names on the list are well-known firms. It’s possible to find “hidden gems” well-positioned to outperform the stock market on the IBD 50. For exa ...

Although we have all become very familiar with the Artificial Intelligence darlings like Nvidia (NVDA)  and Microsoft (MSFT) , there are a handful of companies that are quietly powering this revolution, creating the tools and infrastructure that enable AI's remarkable capabilities.While AI advancements grab headlines, these companies play a crucial, yet often unseen, role in its development. Here, we dive into three such companies:Cadence Design Systems (CDNS) , ASML Holdings (ASML) , and Arista Networks (A ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Arista Networks (ANET) .Arista Networks currently has an average brokerage recommendation (ABR) ...

Yuichiro Chino/Moment via Getty Images Investment Thesis Arista Networks (NYSE:ANET) is a leading enterprise cloud network technology company that has been on a tear, returning roughly six times the S&P 500's 110% since the pandemic lockdowns. But the relevancy of those returns really stood out since ChatGPT was launched and AI/Applied Machine Learning was finally deployed in the enterprise. Since then, Arista's networking products have been highly sought after by enterprise companies. The company released ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Investors interested in Communication - Components stocks are likely familiar with AudioCodes (AUDC) and Arista Networks (ANET) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies ...

Arista Networks, Inc. (ANET) reported healthy fourth-quarter 2023 results, with solid revenues driven by robust demand trends. Easing supply chain woes and steady customer additions backed by the company’s best-in-class portfolio strength ensured a top-line expansion year over year. Both the bottom and the top lines beat the respective Zacks Consensus Estimate.Net IncomeGAAP net income in the reported quarter improved to $613.6 million or $1.92 per share from $427.1 million or $1.35 per share in the year-ag ...

Arista Networks, Inc. (NYSE:ANET) Q4 2023 Earnings Call Transcript February 12, 2024 4:30 PM ET Company Participants Liz Stine - Director of IR Jayshree Ullal - Chairperson and CEO Ita Brennan - Outgoing CFO Chantelle Breithaupt - CFO Conference Call Participants Aaron Rakers - Wells Fargo Tal Liani - Bank of America Sebastian Naji - William Blair Matt Niknam - Deutsche Bank Meta Marshall - Morgan Stanley James Fish - Piper Sandler Ittai Kidron - Oppenheimer Alex Henderson - Needham & Company Atif Malik - C ...

Markets were generally flat today, not counting the strong showing from the small-cap Russell 2000, which was the benefactor of investors skimming the froth of recent big winners and rotating them into oversold areas like regional banks. The blue-chip Dow was up +125 points, +0.33% on the day, while the S&P 500 was barely under water at -0.095%. The Nasdaq was only off -30 points, -0.48%, while the Russell, which cranked higher all morning and then kept its trading margin over the field, was +1.75% for the ...

Arista Networks (ANET) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.64%. A quarter ago, it was expected that this cloud networking company would post earnings of $1.58 per share when it actually produced earnings of $1.83, delivering a surprise of 15.82%.Over the last four quart ...