December 20, 2024
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Santa Clara, CA-based Arista Networks, Inc. is engaged in providing cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next generation data center networks.
ANET is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 26.4% year-over-year for the current fiscal year, with sales growth of 18.7%.
Seven analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.13 to $2.20 per share for 2024. ANET boasts an average earnings surprise of 14.8%.
On a historic basis, Arista Networks has generated cash flow growth of 27.1%, and is expected to report cash flow expansion of 47.4% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, ANET should be on investors' short lists.
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Arista Networks, Inc. (ANET) : Free Stock Analysis Report
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