Todays best stock pick is: ---> ANET <--- Arista Networks, Inc.
Fundamental Factors:
Market Cap $11.43 billion
P/E 53.07
Revenue expected to grow 31.20% this year and another 20.90% next year
Earnings estimated to increase 19.70% this year, an additional 19.20%B next year and continue to compound at an annual rate of 19.70% for the next 5 years
*Wall Street analysts issued 7 strong buy, 1 buy and 11 hold recommendations on the stock
Technical Indicators:
100% technical buy signals
Above its 20, 50 and 100 day moving averages
12 new highs and up 12.83% in the last month
Relative Strength Index 71.61%
Technical support level at 156.69
Recently traded at 162.34 with a 50 day moving average of 145.97
About Arista Networks, Inc:
Arista Networks, Inc. supplies cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of its Extensible Operating System and a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, value-added resellers, system integrators, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was founded in 2004 and is headquartered in Santa Clara, California.