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.
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.
ความคิดเห็น:
Before the market close we increased our position up to 5% - Px USD 278.61.