Arista Networks, Inc. (ANET) is set to release fourth-quarter 2023 results on Feb 12, after the closing bell. The company delivered a trailing four-quarter earnings surprise of 12%, on average. In the last reported quarter, it pulled off an earnings surprise of 15.82%, with the bottom line surpassing the Zacks Consensus Estimate by 25 cents. The company is expected to record higher revenues year over year, backed by healthy traction for its cloud networking solutions and product innovation.Factors at PlayDu ...

Navigating the intricacies of the stock market requires strategic foresight when selecting the best large-cap stocks to buy. This is the reality, especially when identifying opportunities with robust long term growth prospects.As investors continue to seek avenues to maximize returns, it is also important to consider the potential downside risks. Warren Buffett famously quoted the most important rule on investing is, ‘’1. Never lose money. And 2. Never forget rule number 1.’’ That is why investing in compan ...

You don’t hear about 5G like you once did. It’s no longer a telecom industry novelty but a necessity for businesses of all sizes. However, despite the technology becoming everyday and commonplace, that doesn’t mean there aren’t strong buy 5G stocks available to investors.It’s hard to believe, but it’s been four years since all the major wireless carriers introduced their fifth-generation (5G) wireless networks nationwide across the U.S. As a result of 5G’s speed, businesses are using it for all kinds of app ...

The Magnificent 7 (Apple, Meta Platforms, Alphabet, Microsoft, Tesla, NVIDIA, and Amazon) group has been the dominant story of the market for some time now, performing remarkably and providing stellar gains. They’ve led the market, with recent quarterly results from a few members adding further excitement and extending the positive price action.Thanks to their dominant market stance, outperforming the group has been nearly impossible. However, that certainly hasn’t been the case for all, including Vertiv (V ...

Arista Networks (ANET) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Febr ...

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 ...