From Nasdaq: 2024-11-08 15:17:00

Tech stocks are shining this week as markets receive a post-election boost. Arista Networks (ANET) impresses with Q3 results, beating earnings expectations by 15% and achieving 20% sales growth. Fortinet (FTNT) also excels, with Q3 EPS of $0.63 surpassing estimates by 23% and record gross margins of 83.2%.

With a lower inflationary environment favoring tech companies, Arista Networks and Fortinet stand out after strong Q3 performances. Trillions of dollars allocated for infrastructure spending bode well for tech stocks, with opportunities in AI data centers and renewable energy. Download the free report on 5 stocks to benefit from this trillion-dollar infrastructure boom.



Read more at Nasdaq: 2 Intriguing Tech Stocks to Buy After Q3 Earnings: ANET, FTNT