Nutanix, Inc. (NASDAQ:NTNX) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $21.30 to $22.48 in the past one month time frame.
The company has seen eight positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Nutanix. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Nutanix currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Computers - IT Services industry is CoStar Group, Inc. (NASDAQ:CSGP) which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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CoStar Group, Inc. (CSGP): Free Stock Analysis Report
Nutanix Inc. (NTNX): Free Stock Analysis Report
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