Earnings season continues to chug along, with the reporting docket being dominated by mega-cap technology this week. The period has primarily been positive thus far, with many stocks enjoying buying pressure post-earnings.Next week, the cycle looks to continue at a rapid pace, as we’ve got a full list of companies on the reporting docket scheduled to unveil results. A few of the notable names include Arista Networks (ANET) , Shopify (SHOP) , and Deere (DE) .How do expectations stack up heading into the resp ...

The Magnificent 7 Stocks have led the market higher for several years. The stocks within this cohort have delivered reliable returns over the long run. Many of the corporations in this group continue to grow and expand their market share.However, as corporations grow larger, they have fewer unexplored opportunities. Large corporations often face the challenge of decelerating revenue growth on the path to becoming mature companies.Smaller stocks have a chance to outperform the previous leaders. Smaller corpo ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Arista Networks (ANET) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Arista Networks is one of 621 companies in the Computer and Technology group. The Computer and Technology group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The ...

On Jan 31, the Fed kept the benchmark lending interest rate at the existing range of 5.25-5.5% in its January FOMC meeting. However, causing a huge disappointment to market participants, the central bank clearly said that it is highly unlikely that the first interest rate cut will occur in March.Fed Chairman Jerome Powell said, “Based on the meeting today, I would tell you that I don’t think it’s likely that the committee will reach a level of confidence by the time of the March meeting to identify March as ...

The S&P 500, after posting a whopping 24% gain in 2023, is continuing its winning streak this year. The S&P 500 enjoys a bull market and has touched record highs after spinning in a tight trading range for quite some time.The broader index gained more than 3% in January, as solid economic growth crushed recession fearmongering while inflationary pressure cooled down to levels that encouraged the Federal Reserve to take a dovish stance.The uptick in consumer outlays and strength in the labor market helped th ...

In the latest market close, Arista Networks (ANET) reached $269.58, with a +1.96% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.76%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 1.12%.Shares of the cloud networking company have appreciated by 12.27% over the course of the past month, outperforming the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of 2.5%.Analysts and investors alike will be keeping ...

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?Let's take a look at what these Wall Street heavyweights have to say about Arista Networks (ANET) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Arista Networks currently has an average brokerage recom ...

U.S. stock markets continue to show momentum in January after some initial hiccups following an astonishing 2023. Month to date, the Dow, the S&P 500, and the Nasdaq Composite are up 1.1%, 2.5% and 3%, respectively. Before last week, the S&P 500 and the Nasdaq Composite had completed a six-day winning streak. The Dow and the S&P 500 are currently trading at their historic high levels.Robust Economic Data for Q4 2023The Department of Commerce reported that the U.S. economy grew at 3.3% in fourth-quarter 2023 ...

new look casting/iStock via Getty Images MoneyShow’s top contributing analysts, strategists, and newsletter editors share their investment recommendations for the year ahead. See Part 1 here. Arista Networks By James Kelleher, Senior Analyst at Argus Research Arista Networks (ANET), our top pick in Technology-Communications Networks, is a leading supplier of cloud networking solutions for Internet companies, cloud service providers, and next-generation data centers. After 100%-plus growth in cloud titan ...

According to Gartner, Edge AI “refers to the use of AI techniques embedded in [Internet of Things] endpoints….that can process and store data close to where it’s generated.” In other words, Edge AI devices are connected to the internet and have their own AI rather than relying on distant data centers and the cloud. Edge AI generally enables AI-powered services to work significantly faster and is less vulnerable to security threats. Moreover, Edge AI enables its users to utilize more applications. For exampl ...