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It's been a rough past four weeks for investors. All told, the Nasdaq Composite is now down 12% from its mid-February high.
“Quality” stocks with strong fundamentals tend to be rewarding places to stash hard-earned money. Since 2009, investing in a basket of quality stocks over a standard index has been a strong divergence.
Arista Networks Inc (NYSE:ANET ) Morgan Stanley Technology, Media and Telecom Conference March 4, 2025 12:15 PM ET Company Participants Conference Call Participants Meta Marshall [Starts Abruptly] Chief Platform Officer at Arista Networks. John, thanks so much for being here today.
Rob Sechan, CEO of NewEdge Wealth, joins CNBC's "Halftime Report" to explain why he's buying Arista Networks.
Nvidia Corp NVDA just delivered another knockout quarter, smashing expectations as AI infrastructure demand remains red-hot.
Arista Networks (ANET 3.77%) posted gains in Wednesday's trading. The networking technologies company's share price closed out the daily session up 3.8% and had been up as much as 5.2%.
Arista Networks (ANET -5.71%) held its fourth-quarter 2024 earnings call on February 18, 2025, highlighting strong momentum in artificial intelligence (AI) networking and cloud infrastructure. For long-term investors, the discussion revealed important insights about Arista's competitive positioning in high-performance networking, its expansion beyond core cloud customers, and its strategy for capturing the growing AI infrastructure opportunity.
Shares of computer networking firm Arista Networks Inc (NYSE:ANET) are experiencing a pullback, last seen down 4.1% at $94.28 and on track for their fourth consecutive daily decline.
Nvidia and Broadcom conducted 10-for-1 stock splits in 2024 to make shares more affordable. Their stock prices had appreciated substantially in the preceding years because both companies play a key role in the burgeoning artificial intelligence (AI) economy.
Arista Networks reported strong FY24 revenue of $7 billion, surpassing guidance, and is projected to grow 17% in FY25, driven by hyperscaler investments. The cadence in transitioning from 100G, 200G, and 400G switches was around 3-5 years, with 800G to 1.6T expected to compress to 2 years, potentially leading to accelerated growth. Management is focusing on reinvesting in the company, expanding its R&D, sales, and G&A, in order to scale the company for its future growth opportunity.