114.13 +0.20 (0.18%)
Pre-market: 4:23AM EST
|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's range||113.60 - 121.17|
|52-week range||36.64 - 124.50|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||27.25|
|Earnings date||12 May 2021 - 17 May 2021|
|Forward dividend & yield||0.88 (0.72%)|
|Ex-dividend date||24 Feb 2021|
|1y target est||133.75|
Three top names that had especially good fourth-quarter 2020 report cards -- and look like great buys for 2021 -- are Arista Networks (NYSE: ANET), Applied Materials (NASDAQ: AMAT), and Universal Display (NASDAQ: OLED). As management anticipated a few months ago, Arista Networks returned to year-over-year growth mode in grand fashion at the end of 2020. Fourth-quarter revenue and adjusted earnings per share increased 17% and 9%, respectively, from a year ago as the company started to lap results from the data center construction slowdown that started in 2019.
Can you buy this semicap equipment leader even after its recent surge? Step back and take a look at the big picture.
The stock market continued to be choppy on Friday, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) struggled to hold onto its ground. After being up sharply in the morning, the Nasdaq dropped into negative territory briefly in the afternoon before rebounding. Meanwhile, Applied Materials (NASDAQ: AMAT) was also a top performer on Friday.