When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Arista Networks is one stock that just reached the mark, now earning a score of 81.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating north of 80 as they launch their biggest price moves.
While the stock is not near a proper buy zone right now, see if it goes on to form and break out of a proper chart pattern.
Top and bottom line growth moved higher last quarter. Earnings were up 30%, compared to 25% in the prior report. Revenue increased from 25% to 28%.
The company holds the No. 1 rank among its peers in the Computer-Networking industry group. Extreme Networks and Radware are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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