Jim Cramer on Arista Networks Inc (ANET) Stock: 'I Don't Understand Why It's Down This Much'
A caller asked how much runway Arista Networks Inc (NYSE:ANET) has in the AI boom. Here's what Cramer had to say in response:
'Okay…. I've been, boy, you know, I talked about Arista this morning with someone, and we were both aghast that the stock has come down this much. This is a terrific company, and I hadn't, it was with Jeff Marks, my partner for the club, and we think, we gotta do some work. I want Jayshree back. Okay? I'm not going to, Jayshree deserves to have her story told rather than just accept that 19% decline. That's what we're going to do. We'll have her back because I don't understand why it's down this much.'
A technician in a server room managing a large-scale network of computers.
Arista Networks (NYSE:ANET) develops and sells networking solutions and software to support AI, cloud, and data center operations. The company also provides ongoing customer support and serves a wide range of industries through different sales channels.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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