Hi
So I've been eyeballing ANET for a while now and can finally see a stronger pull back. It's currently sitting at around $260 which is right at its 100MA on daily candles. RSI is soon entering the oversold area.
It's a company with great increase in earnings, revenue etc. It's debt free. High ROIC and all those fancy metrics.
DCF shows that it's entering its fair value which is $260 based on 19% growth projection and 10% WAAC to be on the conservative side.
What am I missing here?
