The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?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 ...

Arista Networks (ANET) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this cloud networking company have returned +15.8%, compared to the Zacks S&P 500 composite's +1.3% change. During this period, the Zacks Communication - Components industry, which Arista Networks falls in, has gained 7.8%. The key question now is: What could be the stock's futu ...

Earnings season has been a primarily positive period so far, with many companies enjoying post-earnings positivity.And to the likes of investors, many companies, including Netflix (NFLX) , Eaton (ETN) , and Arista Networks (ANET) , have enjoyed margin expansion. Let’s take a closer look at how each currently stacks up.NetflixConcerning headline figures in its latest print, Netflix posted a 17% beat relative to the Zacks Consensus EPS estimate and posted sales modestly ahead of the consensus, with both items ...

Following analyst upgrades on Wall Street can provide investors valuable insights into the most promising stocks. This approach sharpens the investment edge and highlights opportunities that might otherwise be overlooked in the current volatility. Positive endorsements by brokers are regarded as powerful catalysts for stock prices, often leading to increased investor buying interest. Understanding the fundamental rationale behind these bullish outlooks can help make better-informed investment decisions.In t ...

Earnings season continues to roll along, with a solid chunk of companies already posting quarterly results. The period has primarily remained positive, underpinned by strong results from the technology sector. We've also seen positive revisions trickle in for the upcoming period.Concerning the positivity, several companies, including Eaton (ETN) , Eli Lilly (LLY) , and Arista Networks (ANET) , all raised their outlooks, undoubtedly pleasing investors. Let’s take a closer look at each.EatonEaton posted EPS o ...

Mostly attributed to the Magnificent Seven, tech stocks have fueled the Q1 earnings season with total S&P 500 earnings now expected to be up 5% from the previous period.Although many of the technology-driven stocks in this week’s earnings lineup may not be household names there are quite a few that stand out after impressively surpassing their bottom line expectations.  Better still, two of these tech stocks have made the coveted Zacks Rank #1 (Strong Buy) list and now looks like an ideal time to invest aft ...

The rise of artificial intelligence (AI) has been a whirlwind of innovation and growth across numerous industries. That makes the case for the best data center stocks to buy. Demand for advanced data center infrastructure has skyrocketed in the last few years. The companies at the forefront of this technological wave are poised to capitalize on the exponential growth in data processing and storage. As AI models become more complex and demand increases exponentially, data centers form the bedrock for power c ...

The data-center switching company rallied after Q1 earnings and guidance allayed recent fears.Shares of data-center switch company Arista Networks (ANET 7.27%) rallied on Wednesday, gaining 7.2% as of 12:14 p.m. ET. Arista reported its first-quarter earnings last night, and they came in stronger than expected.Solid guidance and positive commentary around the company's artificial intelligence (AI) opportunity also quelled recent fears over competition.Management remains confident in AI In the first quarter, ...

Famed investor Jim Cramer is all praise for Jayshree Ullal – the chief executive of Arista Networks Inc (NYSE: ANET) after her company reported financial results for its first quarter last night. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Cramer has been bullish on Arista NetworksCopy link to sectionArista Networks handily topped Street estimates for both profit and revenue in its first financial quarter. According to the Mad Money host: $ANET is ...

Arista Networks, Inc. (ANET) reported healthy first-quarter results with solid top and bottom-line growth year over year, driven by robust demand trends. Easing supply chain woes and steady customer additions backed by the company’s best-in-class portfolio strength ensured top-line expansion, while steady margin improvement contributed to earnings growth. Both the bottom and the top lines beat the respective Zacks Consensus Estimate.Net IncomeGAAP net income in the reported quarter improved to $637.7 millio ...