Nutanix (NASDAQ: NTNX), the maker of cloud-based hyperconverged infrastructure software, delivered another solid earnings report last Monday. Billings, measured on an annual contract value (ACV) basis, rose 10% to $137.8 million, outpacing the company's guidance. Its ACV run rate rose 29% to $1.29 billion, showing momentum in the company's key metrics.
Above all else, investors should seek out reliable, quality names for their capital that has to grow into a sizable nest egg.
The gaming industry is on fire this year. Thanks to COVID-19 keeping more people indoors, market analytics company Newzoo forecasts the global gaming industry will grow by almost 20% this year. This should benefit all gaming companies, including some that might not come immediately to mind as gaming companies.