Nasdaq 100 Falls as Hot PCE Inflation Stirs Rate-Hike Bets: Stock Market Today
Nasdaq 100 falls 0.6% as traders wait on Nvidia and hot July PCE revives September rate-hike bets. Energy leads, gold sinks 1.3% to $4,599.
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UBS analyst David Vogt maintains Arista Networks (NYSE:ANET) with a Buy and raises the price target from $187 to $259.
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Nasdaq 100 falls 0.6% as traders wait on Nvidia and hot July PCE revives September rate-hike bets. Energy leads, gold sinks 1.3% to $4,599.
Read original at benzingaArista Networks and Palantir Technologies represent two different paths in the AI and data infrastructure space. Arista provides high-speed networking hardware with strong fundamentals (39% net margins, zero debt, $4.3B free cash flow) but trades at 50.6x forward P/E. Palantir offers data analytics software with accelerating growth (93% YoY revenue growth, mid-50s net margins) but commands a premium 112.7x forward P/E. While Palantir's recent performance strengthens its valuation case, Arista remains the steadier, more conventionally attractive investment for risk-averse investors.
Read original at the-motley-foolNvidia stock is the top stock gainer over the last 10, 15 and 20 years. Here's who beats the stock in five-year gains.
Read original at benzingaCisco highlighted a major enterprise customer replacing rival networking & firewall vendors: CSCO may be gaining traction in Arista's market.
Read original at benzinga