NTNX Gains 25% in 6 Months: Here's Why You Should Hold on to the Stock

Nutanix (NTNX) shares have gained 25.1% over the past six months, outperforming the Zacks Computer and Technology sector’s appreciation of 0.4% and the Zacks Computers – IT Services industry’s return of 10.4%.NTNX shares have also outperformed the industry peers like DXC Technology (DXC) and TaskUs (TASK) in the same time frame. While DXC shares have appreciated 1.7%, TASK shares have lost 5.9% over the past six months.NTNX shares have been riding on the company’s strong positioning as a key partner for org ...