Nutanix (NTNX) Hits Fresh High: Is There Still Room to Run?

Shares of Nutanix (NTNX) have been strong performers lately, with the stock up 12.5% over the past month. The stock hit a new 52-week high of $79.9 in the previous session. Nutanix has gained 25.1% since the start of the year compared to the -4.3% move for the Zacks Computer and Technology sector and the -2.6% return for the Zacks Computers - IT Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimat ...