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Nutanix (NTNX) Looks Good: Stock Adds 5.4% in Session
Nutanix, Inc. (NTNX - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $21.30 to $22.48 in the past one month time frame.
The company has seen eight positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Nutanix. 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.
Nutanix currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Nutanix Inc. Price
Nutanix Inc. Price | Nutanix Inc. Quote
Another stock worth considering in the Computers - IT Services industry is CoStar Group, Inc. (CSGP - Free Report) which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is NTNX going up? Or down? Predict to see what others think:Up or Down
4 Promising Stock Picks to Keep an Eye On
With news stories about computer hacking and identity theft becoming increasingly commonplace, the cybersecurity industry looks like a promising investment opportunity. But which stocks should you buy? Zacks just released Cybersecurity: An Investor’s Guide to Locking Down Profits to help answer this question.
This new Special Report gives you the information you need to make well-informed investment choices in this space. More importantly, it also highlights 4 cybersecurity picks with strong profit potential.
Get the new Investing Guide now>>