Arista (ANET) Surges 95% in a Year: Should You Ride the Wave?
Arista(ANET) ZACKS·2024-07-19 21:20
Buoyed by a holistic growth model, Arista Networks, Inc. (ANET) has skyrocketed 94.9% over the past year compared with the industry’s growth of 67.4%. It has also outperformed its peers like Juniper Networks, Inc. (JNPR) and Cisco Systems, Inc. (CSCO) over this period.Driven by improved market demand on the back of a flexible business model and solid cash flow, Arista continues to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, ...