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ANET

Nasdaq Composite: Market Exposure and Industry InsightsThe Nasdaq Composite is currently in a confirmed uptrend . As of October 4th, there are 3 distribution days , which implies mild pressure in the market, but conditions remain favorable overall. Our market exposure is suggested at 90% , indicating confidence with some caution. Key Points: Market Condition: The Nasdaq's current uptrend is intact, with support holding above the 21-Day Moving Average (DMA) . This level is crucial and should be watched closely in the upcoming sessions for any changes in market sentiment. Industry Strength: Technology remains a leader, with notable strength in Software and Semiconductors . Leisure Gaming also shows promise. On the other hand, sectors like Solar , Specialty Retail , and Auto Manufacturers have underperformed, trading below their 50-DMA and 200-DMA , which suggests ongoing weakness. Opportunities: We see actionable opportunities in Software and Networking . Stocks like Arista Networks (ANET) and Apple (AAPL) are showing promising setups, either forming bases or trading near pivot points. Arista Networks (ANET): ANET has shown consistent strength, breaking past its recent pivot at $364.15. Quarterly earnings have surpassed estimates consistently, with positive growth in gross margin and return on equity. With the RS line rising and price nearing highs, ANET continues to be a leader in the Networking sector, offering an opportunity for potential gains. Apple Inc. (AAPL): Currently consolidating near the upper pivot range of $233.09. Earnings projections remain positive, with a growth estimate of 12% for the upcoming quarter. The stock is supported well above its 21-DMA, indicating healthy momentum. Market interest remains strong despite mixed earnings surprises in previous quarters, positioning AAPL as a potential breakout candidate. The key takeaway is to maintain exposure in leading industry groups, focusing on sectors demonstrating strength. Narrow pullbacks are a positive sign for further gains. It’s advisable to avoid exposure to weaker segments that are struggling below key moving averages. Let us know—do you see strength in the tech sector, or are you focusing on other opportunities? Disclaimer: The information provided here is for educational purposes only and should not be construed as financial advice. Trading involves significant risk, and you could lose some or all of your investment. Always do your own research and consult with a professional financial advisor before making any trading decisions. Past performance is not indicative of future results.
NASDAQ:IXICLong
by TradeVizion
The Fundamentals Titan that is Arista NetworksNYSE:ANET is a popular tech stock with strong fundamentals while valuation methods such as PE Ratio, Price to sales, etc, might be signaling that it is overvalued, the forecast projections remain strong. Arista Networks has no debt and more then 3 Assets per Liability, With more then double the Cash to cover Liabilities also growing Equity rapidly this company. The Balance sheet is a definite strength for this company! ------------------ Balance Sheet: Cash: US$6.27b Debt: US$0 Equity: US$8.43b Total Liabilities: US$3.19b Total Assets: US$11.62b ------------------ Valuation: PE Ratio: 46.63x Forward PE Ratio: 43.7x Price To Sales: 18x Price To Books: 13.5x ------------------ Idea: ------------------ Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Arista Networks) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may pose different risks and overall be different for each investor and trader. Please do not make opinions based on this idea or any idea. Please be careful! this post is only for conversation.
NYSE:ANETLong
by BullishCanadianInvestor
2
Stock Pricing Above Fundamentals Ahead of EarningsWeekly Chart: NYSE:ANET reports today after the close. The stock has a short-term topping formation that is nearly completed. The prior runs went speculative but then corrected. The top is similar to the previous peak and the depth of correction is likely to be similar. The stock has simply moved beyond fundamental levels. This is NOT likely to turn into a long-term top unless there is something substantially wrong with the company and its products. To become an intermediate-term top, it must have lower highs and lower lows. That is not in the chart at this time. Ideally, the stock needs to shift sideways to build a much stronger support level to sustain a longer-term uptrend. HFTs are in the mix and may gap the stock on earnings news.
NYSE:ANET
by MarthaStokesCMT-TechniTrader
Arista Networks Faces Margin Pressure Despite Revenue Growth Arista Networks ( NYSE:ANET ), a prominent player in cloud networking solutions, recently reported its fourth-quarter earnings, surpassing profit expectations but issuing a lukewarm forecast for the upcoming quarter. Despite strong revenue growth driven by robust demand from tech giants like Microsoft and Meta Platforms, Arista's ( NYSE:ANET ) shares took a hit in after-hours trading as investors reacted unfavorably to the company's projected lower adjusted gross margin for the first quarter. Let's delve deeper into the factors behind Arista's mixed performance and what it means for investors. Arista's Quarterly Performance: In the fourth quarter of the fiscal year ending December 31st, Arista ( NYSE:ANET ) witnessed a notable uptick in revenue, with a 20.8% year-over-year increase, reaching $1.54 billion. This figure surpassed analysts' average estimates, demonstrating the company's ability to capitalize on the sustained demand for its networking solutions amid the ongoing expansion of cloud infrastructure. Additionally, Arista ( NYSE:ANET ) outperformed earnings expectations on an adjusted basis, reporting a profit of $2.08 per share compared to estimates of $1.70. Margin Pressure and Operating Costs: However, despite the revenue growth and profit beat, Arista's outlook for the first quarter fell short of market expectations, primarily due to concerns over its adjusted gross margin. The company forecasted a margin of about 62%, below analysts' consensus of 62.7%, indicating a potential squeeze on profitability. This margin pressure can be attributed to higher operating costs incurred by Arista ( NYSE:ANET ) as it focuses on expanding its operations and investing in future growth initiatives. In the fourth quarter alone, the company's operating expenses widened to $359.3 million from $299.7 million a year earlier, reflecting the challenges of balancing growth with profitability. Industry Landscape and Peer Performance: Arista's margin woes echo broader trends within the networking sector. Peer company Juniper Networks recently reported downbeat revenue, citing lower client spending on cloud computing and network security services. This highlights the competitive pressures and evolving dynamics within the industry, as companies strive to adapt to changing market conditions and customer demands. While Arista ( NYSE:ANET ) continues to benefit from strong demand from key clients like Microsoft and Meta Platforms, it faces intensified competition and margin compression as it navigates the evolving landscape. Investor Sentiment and Market Reaction: The market's reaction to Arista's earnings reflects investors' concerns over the company's margin outlook. Despite exceeding profit expectations, Arista's shares dipped around 6% in extended trading following the earnings release. Investors appear to be cautious about the company's ability to sustain its growth momentum while maintaining healthy margins, particularly in the face of rising operating costs and competitive pressures. Michael Ashley Schulman, chief investment officer at Running Point Capital, noted that while the profit beat was positive, it may not be sufficient to drive shares higher given the lower gross margin projection for the upcoming quarter. Looking Ahead: As Arista ( NYSE:ANET ) navigates the challenges of margin pressure and heightened competition, investors will closely monitor its strategic initiatives and execution capabilities. The company's ability to effectively manage operating costs, drive efficiency improvements, and capitalize on growth opportunities will be key determinants of its long-term success. Additionally, developments in the broader networking industry, including technological advancements and shifts in customer preferences, will shape Arista's trajectory moving forward. Despite near-term headwinds, Arista's ( NYSE:ANET ) strong revenue performance underscores its resilience and potential for sustained growth in the dynamic landscape of cloud networking solutions. Conclusion: Arista Networks' ( NYSE:ANET ) recent earnings report highlights the company's ability to deliver solid revenue growth and exceed profit expectations, driven by resilient demand for its networking gear. However, concerns over margin pressure and heightened operating costs have dampened investor sentiment, leading to a decline in share prices. As Arista ( NYSE:ANET ) navigates these challenges and positions itself for future growth, investors will scrutinize its ability to maintain profitability while capitalizing on opportunities in the evolving networking industry.
NYSE:ANET
by DEXWireNews
$ANET: Arista looks 'excellent' indeedJust as the greek word, the chart here looks excellent...There's both a daily and a monthly uptrend signal active, which gives this stock tremendous reward to risk potential long term. I am not a huge fan of the valuation, so I was skeptical to get involved but perhaps I am missing something regarding fundamental catalysts for the stock going forward, perhaps related to the boost to demand for their products from the AI large language model war. Companies might scramble to get the required infrastructure to run their algorithms on? Chart wise, the setup is perfect and predicts a steady trend if price stays above $119 where the monthly trend would be invalidated. The daily predicts immediate upside within the next 10 business days. Best of luck! Cheers, Ivan Labrie.
NYSE:ANETLong
by IvanLabrie
ANET Entry, Volume, Target, StopEntry: when price clears 178.36 Volume: with daily volume greater than 6.35M Target: 206 area Stop: Depending on your risk tolerance; 169.17 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
NYSE:ANETLong
by tradepatiently
4
ANET: With a Breakout, a Clear Transition to the Advance ZoneArista Networks, Inc. broke its key resistance and entered the advance zone on strong earnings growth. It stayed trapped in the price channel ($100-$140) for more than a year due to the downtrend in stock markets. But now with good volumes and steady growth behind it, it's taken a big step. ANET's revenue grew 49% (TTM) and income 61% (TTM) and is expected to continue its growth momentum. This cloud computing stock is a very good pick over the long term.
NYSE:ANETLong
by starringinvestors
SOX Update (daily chart)SOX has been diverging from SPY last couple of days, which is unusual. SOX had 50/200 EMA xover Friday. SOX is extended, could pull back to prior swing high at 2913 (-3.25%) where there is good support. Watch these tech stocks with earnings coming up next 10 days, all daily charts look bullish (except CSCO, which is debatable). All also have positive point & figure price targets (from Stockcharts.com). ADI (2/15), ADSK (2/13), AMAT(2/16), ANET (2/13), CDNS (2/13), CSCO(2/15), KEYS (2/21), NVDA(2/22). RSI(9) has been trending up since 1/9. As long as daily RSI(9) stays above 50%, trend may continue.
NASDAQ:SOXLong
by UnknownUnicorn13101
ANET - Resting for a WhileANET is resting for a while in its accumulation zone. This cloud-computing company experienced a boom in 2021 when its price doubled. However, by the start of 2022, it has entered accumulation stage after witnessing a brief failed decline. FUNDAMENTALS OF ANET ANET has impressive fundamentals. Its financial results are better in every quarter than its previous quarter - a key indicator for a multi-bagger company. Its revenue grew 42 % in TTM while its net income saw a rise of 48% in TTM. Company has high margins and negligible debt, making it resilient to deteriorating financial conditions and interest rate hikes. WHEN TO BUY Once ANET is out of accumulation zone with increasing volumes, that's best time to buy it.
NYSE:ANETLong
by starringinvestors
Arista Networks | ANET | Short to SupportArista Networks ( NYSE:ANET ) with a head and shoulders pattern and large gap to fill below. Insiders continue to dump shares. In the past two months, they sold $132 million worth - $75 million of this total just in the first 7 days of March (source: OpenInsider). P/E 45.80x With the Federal Reserve meeting and OpEx next week, this may gap fill and retest support in the coming weeks. The 200 EMA (green line) served as support in February, but $100-$105 may be the true areas it wishes to test. A complete breakdown could put this at $90. However, if it breaks the white resistance line in the near-term, it'll need to soar through $131 to show a true reversal.
NYSE:ANETShort
by NicksAnalysis