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Arista Networks (ANET) Catches Eye: Stock Jumps 9.6%
Arista Networks, Inc. (ANET - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 18.4% in the past one-month time frame.
The upmove came after the company reported better-than-expected fourth-quarter 2018 results.
The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tailored Brands. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Arista Networks currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Arista Networks, Inc. Price
Arista Networks, Inc. Price | Arista Networks, Inc. Quote
Investors interested in the Communication - Components industry may consider Altice USA, Inc. (ATUS - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ANET going up? Or down? Predict to see what others think:Up or Down
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