Why Nutanix (NTNX) Could Be Positioned for a Surge

#NutanixInc . #NTNX is a cloud platform solutions company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on NTNX's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Nutanixcould be a solid choice for investors. Current Quarter Estimates for NTNX  In the past 30 days, eight estimates have gone higher for Nutanixwhile none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 39 cents a share 30 days ago, to a loss of 26 cents today, a move of 33.3%. Current Year Estimates for NTNX Meanwhile, Nutanix's current year figures are also looking quite promising, with ten estimatea moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from a loss of 98 cents per share 30 days ago to a loss of 56 cents per share today, an increase of 42.9%. Nutanix Inc. Price and Consensus  Nutanix Inc. Price and Consensus | Nutanix Inc. Quote Bottom Line The stock has also started to move higher lately, adding 5.8% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . 5 Trades Could Profit ""Big-League"" from Trump Policies If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course. Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.

http://m.nasdaq.com/article/why-nutanix-ntnx-could-be-positioned-for-a-surge-cm849516