Goldman Sachs said this week that there are plenty of cheap tech stocks to buy coming out of earnings.
The information technology sector has reported a year-over-year earnings growth rate of 23.2%, according to John Butters, senior earnings analyst at FactSet.
CNBC Pro combed through Goldman Sachs' research to find the most underappreciated buy-rated tech stocks.
"Second, ANET has growing confidence in its AI position and its > $750 mn AI revenue target for 2025," he added.
Second, ANET has growing confidence in its AI position and its > $750 mn AI revenue target for 2025.
Persons:
Goldman Sachs, John Butters, Goldman, Noah Poponak, Poponak, Kash Rangan, Rangan, Michael Ng, Arista's, Ng, ANET
Organizations:
FactSet, CNBC, Microsoft, Teledyne Technologies, Arista Networks, Arista, TAM, Cloud Titans, Cloud
Locations:
2H24