market-shepherd

Arista Networks - ANET

Long
market-shepherd Mis à jour   
NYSE:ANET   Arista Networks
Arista Networks broke SMA 100 (may be support line). High probability that the share closes the price gap, which was created on May 3 (q1 earnings release). On 1st August company will publish 2Q earnings. Our portfolio position is 3,5%. Before increasing exposure up to 5% we will wait a little bit to see if it funds support at SMA 100. Also upper bollinger band and RSI close to 70 might could effect price movement in a short period.

Arista Networks is fantastic company - in 2019 current forecasts / revenue, +19%, EPS +16%, EBITDA margin +2.5 p.p. (37.5%). In 2020 / revenue, +19%, EPS +13%, EBITDA margin -0.2 p.p. (37.3%).

Arista Networks is high beta stock - investor need to be careful.
Commentaire:
Before the market close we increased our position up to 5% - Px USD 278.61.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.