Here’s the Top Stock in My Quant System

[TradeSmith Power Trends logo] [TradeSmith Power Trends logo] September 30, 2024 Here’s the Top Stock in My Quant System As we begin the fourth quarter tomorrow – by far the best quarter of the year for stocks – I thought I would do something I can’t do very often. I want to tell you the top-ranked stock in my [Quantum Edge system](. It’s actually the same stock that topped the rankings exactly three months ago, which isn’t as surprising as you might think. Great companies stay great companies. Same with great stocks. And new highs almost always lead to more new highs. We’ve seen that firsthand with Arista Networks (ANET), which made its latest all-time high on Thursday. I recommended the stock in TradeSmith Investment Report last July, and it has shot up 132% since then. Based on the data, more gains are likely… but perhaps more in the long term than short term. [chart]( Source: TradeSmith Finance The 91.4 Quantum Score is hot – actually a little too hot, based on my experience. My ideal buy range is 70 to 85, whereas scores in the 90s often indicate a pullback may be in the offing. In ANET’s case, the fundamental and technical scores are also 91. It’s rare to see that much strength across the board. If any stock can sustain that strength, it’s ANET. Arista Networks is a great company operating in the great theme of cloud networking. Sales have grown 33.8% and 36.5% the last one and three years. Earnings have averaged 35.7% growth each of the last five years, with analysts looking for another 19% growth this year. Growth should stay strong and even accelerate in the future as networking demands increase with the rapid adoption of artificial intelligence. AI demands faster, more reliable networking, and Arista Networks delivers it. SPONSORED AD [Closing Tonight: Recession Proof your Retirement?]( [image]( What if you could insulate your investments against any major losses or even a recession, while locking in your gains before the next market crash. Would you sleep better at night? Well, now you can try it out for 90 days. [Learn more here.]( Arista keeps 35.6 cents of every dollar it brings in, which is a healthy profit margin. And it has virtually no debt to speak of, which is even more important when interest rates are high like now. Looking at the technicals, ANET checks every box in my analysis – from trading near one-year and three-month highs to above key moving averages to strong internals. With those muscular fundamentals and technicals, I also need to see evidence that Big Money is buying. And ANET generates plenty of these [“green light” Big Money buy signals]( we love to see. Here’s what it looks like in my system. You can see all those green lights over the last 12 months… [chart]( Source: MAPsignals.com I’ll let you in on one more secret I can rarely share. ANET appeared on my system’s Top 20 list last Tuesday for the fifth time in the last six months. These are truly elite stocks – the highest-rated stocks with Big Money pouring in. Institutions and hedge funds pay good money for this list, so that’s why I can’t share the whole thing, but it confirms ANET’s status as one of the strongest stocks in the market heading into the fourth quarter. ANET is above our buy limit in TradeSmith Investment Report and may even be a little overextended at the moment. But that data is so strong that higher prices over time are probable. These are the kinds of stocks you want to own anytime, but especially heading into the strongest time of the year. These stocks with superior fundamentals, strong technicals, and [Big Money inflows]( typically outperform and give you the highest odds of making big money yourself. Talk soon, [Jason Bodner signature] [Jason Bodner signature] Jason Bodner Editor, Jason Bodner’s Power Trends P.S. Everyone thinks stocks go up and down based on earnings, news, or events. They are certainly part of it, but what really matters is where the Big Money is flowing. This is the money that moves stocks. My research shows that institutions move more than $400 billion through the stock markets every single day, and [algorithms determine where the vast bulk of that money goes](. That’s why I designed my [Quantum Edge system]( to track these massive amounts of money right down to the ticker symbol. The goal was to study how algorithms (including AI) are taking over Wall Street… and to show folks how to prepare and profit. You can get more details in [a special video briefing]( in which I also tell you about an AI stock (including its ticker symbol) that is instrumental in powering the whole U.S. economy. [Click here now for all of the details and to gain access to my complete strategy and learn more about this exciting stock.]( © 2024 TradeSmith, LLC. All Rights Reserved. P.O. Box 340087 Tampa, FL 33694 To unsubscribe or change your email preferences, please [click here](. [Terms of use]( | [Privacy Policy](