Nutanix, Inc. - Class A Common Stock (NTNX)

These large-cap stocks were top performers last week. Heico, Xpeng, Li Auto, Lineage, Erie Indemnity, Lloyds, Unum, FICO, Masimo, Smith & Nephew, AB InBev, and Nutanix all saw significant gains.

Today's Research Daily features new research reports on 16 major stocks, including The Goldman Sachs Group, Inc., The Progressive Corp. and Boston Scientific Corp., as well as micro-cap stock Cooper-Standard Holdings Inc..

The network management software maker is gaining market share vs. Broadcom's VMware.

Nutanix reports strong Q2 results with revenue up 16%, operating income up 31%, and adjusted EPS beating consensus. Outlook is positive.

The Relative Strength (RS) Rating for Nutanix stock entered a new percentile Wednesday, with a rise from 66 to 81.

Nutanix has very solid economic moat characteristics.

11 worst performers last week: SYM (-25.83%), GRAB (-11.82%), RDDT (-10.97%), BBD (-10.88%), HTHT (-10.44%), VRT (-9.82%), ITUB (-8.53%), SBS (-8.40%), DELL (-8.16%), NTNX (-7.98%), ADSK (-7.98%)

The Nasdaq isn't at a high, but it isn't far off either.

Nutanix Q1 Results Highlight Strong Customer Growth but Slowing ARR and Federal Vertical Weakness, Analysts Remain Cautious.

Global markets faced turbulence by midday Wednesday as an unwinding of yen-dollar carry trades drove sharp losses in U.S. equities, with the tech-heavy Nasdaq 100 falling 1.2% in intraday trading.

Nutanix stock rose after the company delivered fiscal Q1 earnings that topped estimates while revenue guidance came in above expectations.