Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher.

In a report released today, George Wang CFA from Barclays maintained a Buy rating on Nutanix (NTNX – Research Report), with a price target of

Q1 2025 Earnings Conference Call November 26, 2024 4:30 PM ETCompany ParticipantsRich Valera - VP, IRRajiv Ramaswami -

The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. The enterprise cloud platform services provider posted revenue of $591 million in the period,

Investors might want to bet on Nutanix (NTNX), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.