"Unveiling the Top 3 Tech Stocks Defying the Magnificent 7 Trend"
TL;DR
The S&P 500 has reached 5,000 for the first time, with many tech stocks posting strong results. Outside the Magnificent 7, investors may consider Arista Networks, Cadence Design Systems, and Shopify. Arista Networks is expected to grow sales by 34% in FY23, Cadence Design Systems by 15% in FY23, and Shopify's revenue is projected to jump 25% higher in FY23. These companies have strong earnings projections and are ranked favorably by Zacks Investment Research.
Topics:businessfinancestock-market#arista-networks#cadence-design-systems#earnings-season#financestock-market#shopify#tech-stocks
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