We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: Arista, Microsoft, Alphabet and Zoom Video
Read MoreHide Full Article
For Immediate Release
Chicago, IL – October 26, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Arista Networks, Inc. (ANET - Free Report) , Microsoft Corporation (MSFT - Free Report) , Alphabet Inc. (GOOGL - Free Report) and Zoom Video Communications, Inc. (ZM - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Arista Boosts Threat Detection with Awake Security Buyout
In a concerted effort to boost threat detection capabilities across the cloud network traffic, Arista Networks, Inc. has inked a definitive agreement to acquire Awake Security for an undisclosed amount. The transaction is expected to be completed by the fourth quarter, subject to mandatory closing conditions and regulatory approvals. The deal is not likely to have any material impact on Arista’s fiscal 2020 operating results.
Founded in 2014, Awake Security is a network detection and response platform provider that combines AI with human expertise to identify and respond to insider and external threats. Its disruptive security and AI-driven business model offers proactive threat detection with actionable insights that are radically different from traditional security solutions. This, in turn, helps to better address the evolving nature of data theft risks and develop a cognitive platform that safeguards day-to-day security operations from malicious intents.
The buyout is likely to add significant value to Arista and complement many of its Endpoint Detection Response (EDR) offerings. The transaction brings together two leading technology firms with complete situational awareness of customers’ digital assets along with the ability to fully assess and respond to critical threats. In addition to distinct synergies in technology and market opportunity, the deal is based on commonalities in values, culture and philosophies, and is likely to deliver secure cloud networking experience for clients.
Moving forward, Arista is likely to benefit from the expanding cloud networking market owing to strong demand for scalable infrastructure. In addition to high capacity and easy availability, its cloud networking solutions promise predictable performance along with programmability that enables integration with third-party applications for network management, automation and orchestration.
Notably, Arista has extended its leadership in open cloud networking software, while partnering with Microsoft Corporation for open networking for SONIC. It has also introduced new cognitive Wi-Fi software that delivers intelligent application identification, automated troubleshooting and location services. This supports video conferencing applications like Alphabet Inc.’s Google Hangouts, Microsoft Teams and Zoom Video Communications, Inc.
In addition, Arista is well poised to benefit from strong demand for its data center switches. Moreover, continued spending on IT infrastructure products (server, enterprise storage and Ethernet switches) for deployment in cloud environments is likely to benefit the company. Its switches and routers support the high-end cloud networking market that require fast throughput at low cost. The robust product portfolio is aiding the company to win customers on a regular basis.
However, the company expects near-term volatility to continue due to the coronavirus-led disruptions despite the underlying strength of the resilient business model and diligent execution of operational strategies. The company expects the remainder of 2020 to be quite turbulent, with a pause in cloud titan set of orders leading to muted growth compared with the previous years. Markedly, Arista has experienced annual revenue growth rates of 12.1%, 30.7% and 45.8% in 2019, 2018 and 2017, respectively.
The company is likely to tide over the short-term headwinds through healthy inorganic growth post the completion of the deal and integration.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Arista, Microsoft, Alphabet and Zoom Video
For Immediate Release
Chicago, IL – October 26, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Arista Networks, Inc. (ANET - Free Report) , Microsoft Corporation (MSFT - Free Report) , Alphabet Inc. (GOOGL - Free Report) and Zoom Video Communications, Inc. (ZM - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Arista Boosts Threat Detection with Awake Security Buyout
In a concerted effort to boost threat detection capabilities across the cloud network traffic, Arista Networks, Inc. has inked a definitive agreement to acquire Awake Security for an undisclosed amount. The transaction is expected to be completed by the fourth quarter, subject to mandatory closing conditions and regulatory approvals. The deal is not likely to have any material impact on Arista’s fiscal 2020 operating results.
Founded in 2014, Awake Security is a network detection and response platform provider that combines AI with human expertise to identify and respond to insider and external threats. Its disruptive security and AI-driven business model offers proactive threat detection with actionable insights that are radically different from traditional security solutions. This, in turn, helps to better address the evolving nature of data theft risks and develop a cognitive platform that safeguards day-to-day security operations from malicious intents.
The buyout is likely to add significant value to Arista and complement many of its Endpoint Detection Response (EDR) offerings. The transaction brings together two leading technology firms with complete situational awareness of customers’ digital assets along with the ability to fully assess and respond to critical threats. In addition to distinct synergies in technology and market opportunity, the deal is based on commonalities in values, culture and philosophies, and is likely to deliver secure cloud networking experience for clients.
Moving forward, Arista is likely to benefit from the expanding cloud networking market owing to strong demand for scalable infrastructure. In addition to high capacity and easy availability, its cloud networking solutions promise predictable performance along with programmability that enables integration with third-party applications for network management, automation and orchestration.
Notably, Arista has extended its leadership in open cloud networking software, while partnering with Microsoft Corporation for open networking for SONIC. It has also introduced new cognitive Wi-Fi software that delivers intelligent application identification, automated troubleshooting and location services. This supports video conferencing applications like Alphabet Inc.’s Google Hangouts, Microsoft Teams and Zoom Video Communications, Inc.
In addition, Arista is well poised to benefit from strong demand for its data center switches. Moreover, continued spending on IT infrastructure products (server, enterprise storage and Ethernet switches) for deployment in cloud environments is likely to benefit the company. Its switches and routers support the high-end cloud networking market that require fast throughput at low cost. The robust product portfolio is aiding the company to win customers on a regular basis.
However, the company expects near-term volatility to continue due to the coronavirus-led disruptions despite the underlying strength of the resilient business model and diligent execution of operational strategies. The company expects the remainder of 2020 to be quite turbulent, with a pause in cloud titan set of orders leading to muted growth compared with the previous years. Markedly, Arista has experienced annual revenue growth rates of 12.1%, 30.7% and 45.8% in 2019, 2018 and 2017, respectively.
The company is likely to tide over the short-term headwinds through healthy inorganic growth post the completion of the deal and integration.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>
Join us on Facbook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.