The Rise of CRWD and ANET: A Closer Look at Tech Stocks

2 min read

let’s talk about CrowdStrike Holdings (CRWD) and its performance in the Computer and Technology sector this year. So, CRWD is part of a group of 625 individual stocks in the Computer and Technology sector, and it’s currently ranked #5 in the Zacks Sector Rank. The Zacks Rank, which looks at earnings estimates and revisions, gives CRWD a #2 (Buy) ranking. That’s pretty good, right?

Over the past 90 days, CRWD’s full-year earnings estimate has shot up by 175.3%, which is a clear sign that analysts are feeling positive about the stock’s future. And get this, CRWD has already returned a whopping 96.7% this year! That’s way above the sector average of 45.4%. So, it’s safe to say that CRWD is outperforming its peers in the sector.

But wait, there’s another stock in the Computer and Technology sector that’s been doing well too. It’s Arista Networks (ANET), and it’s up by 76.9% year-to-date. The consensus EPS estimate for ANET has also increased by 5% in the last three months, and it holds a Zacks Rank #2 (Buy).

Now, let’s dive into the industry ranks. CRWD is part of the Internet – Software industry, which has gained an average of 54.2% this year. On the other hand, ANET falls under the Communication – Components industry, which has moved up by 35.2% since the beginning of the year.

So, if you’re into Computer and Technology stocks, keeping an eye on CRWD and ANET would be a smart move. These stocks are showing some solid performance, and it’ll be interesting to see how they continue to do in the future.

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So, that’s the scoop on CRWD and ANET in the Computer and Technology sector. Keep an eye on these stocks, and who knows, they might just be the game-changers in your investment portfolio!

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