Arista Networks Is An Excellent Company: Reiterating Buy
Arista(ANET) Seeking Alpha·2024-08-24 16:02
Sundry Photography I recommended Arista Networks (NYSE:ANET) in May 2023, for around $160. The price has more than doubled since then but is about 6% below its all-time high of $376. The stock has been insanely successful in the past year, with a return of 95%, and in the past decade with a return of 1,779%. Is it still worth buying at 41x earnings and 16x sales? I believe so, it is easily one of the best positioned for Hyperscalers, Cloud Service Providers, and other high-performance low latency network ...