Latest news with #AristaNetworksInc
Yahoo
4 days ago
- Business
- Yahoo
Jim Cramer on Arista Networks Inc (ANET) Stock: 'I Don't Understand Why It's Down This Much'
We recently published a list of . In this article, we are going to take a look at where Arista Networks Inc (NYSE:ANET) stands against other stocks that Jim Cramer discussed recently. 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. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Jim Cramer on Arista Networks Inc (ANET) Stock: 'I Don't Understand Why It's Down This Much'
We recently published a list of . In this article, we are going to take a look at where Arista Networks Inc (NYSE:ANET) stands against other stocks that Jim Cramer discussed recently. 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.
Yahoo
22-05-2025
- Business
- Yahoo
Arista Networks (ANET) Slid on Investor Doubts Over Capital Sustainability
Renaissance Investment Management, an investment management company, released its Q1 2025 'Large Cap Growth Strategy' investor letter. A copy of the letter can be downloaded here. The S&P 500 experienced a 4.3% loss in Q1 due to uncertainty in technology stock valuations and US economic policies. However, seven sectors showed positive returns, with Energy, Health Care, and Utilities sectors showing the strongest performance. The S&P 500 has not experienced a significant correction since 2023, which can be expected to occur every couple of years. However, there are still good investment opportunities in high-quality, reasonably priced stocks that have not matched concentrated market indices. The S&P 500 (-4.3%) and Russell 1000 Growth Index (-10%) declined in Q1, with large-cap stocks outperforming smaller-cap stocks and Value outperforming Growth. For the quarter, the strategy exceeded the Russell 1000 Growth benchmark and lagged the S&P 500. For more information on the fund's best picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, Renaissance Large Cap Growth Strategy highlighted stocks such as Arista Networks, Inc. (NYSE:ANET). Arista Networks, Inc. (NYSE:ANET) is a technology company that engages in the development and distribution of data-driven, client-to-cloud networking solutions. The one-month return of Arista Networks Inc. (NYSE:ANET) was 22.77%, and its shares gained 22.66% of their value over the last 52 weeks. On May 21, 2025, Arista Networks Inc. (NYSE:ANET) stock closed at $92.43 per share with a market capitalization of $116.085 billion. Renaissance Large Cap Growth Strategy stated the following regarding Arista Networks Inc (NYSE:ANET) in its Q1 2025 investor letter: "Arista Networks Inc (NYSE:ANET) dropped after reporting in-line forward guidance, leading to increasing questions around the sustainability of capital investments that have driven the company's growth. While we were disappointed with Arista's stock reaction, we remain encouraged by strong demand for the company's data center switching products, which remain essential to the secular growth of cloud computing." A technician in a server room managing a large-scale network of computers. Arista Networks Inc (NYSE:ANET) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 78 hedge fund portfolios held Arista Networks Inc (NYSE:ANET) at the end of the fourth quarter which was 70 in the previous quarter. Arista Networks Inc (NYSE:ANET) achieved a significant milestone in Q1 2025, exceeding $2 billion in revenue for the first time, which reflects a 27.6% year-over-year increase. While we acknowledge the potential of Arista Networks Inc (NYSE:ANET) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Arista Networks Inc (NYSE:ANET) and shared the list of stocks that were discussed by Jim Cramer. In its investor letter for Q1 2025, Deep Sail Capital emphasized Arista Networks (NYSE:ANET), highlighting the company's strong position in cloud networking and AI-driven infrastructures. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Jim Cramer Favors Cisco Over Arista Networks (ANET)
We recently published a list of . In this article, we are going to take a look at where Arista Networks Inc (NYSE:ANET) stands against other stocks that Jim Cramer discussed. On Friday's episode of Mad Money, Jim Cramer reflected on a significant shift in market sentiment over the past week as he described how the mood turned from cautious to confident. 'We often speak of moments when the stock market tends to do well…. We know that stocks thrive, for instance, when interest rates are going down but there's another auspicious moment and that's when the conventional wisdom collectively decides that because of extenuating circumstances, in this case, a welcome break from ever higher tariffs, we're no longer at risk of a recession in the near future.' READ ALSO 15 Stocks on Jim Cramer's Radar and Jim Cramer Recently Commented On These 12 Stocks Cramer pointed out that this kind of collective pivot in sentiment can be just as impactful as a rate cut. He emphasized that in his long career observing markets, moments like these often mark good entry points for investors. He believes that we are currently in one of those moments. Looking back on what he called a 'very bullish' week, Cramer said it will likely be remembered as the period when Wall Street strategists began to back away from recession warnings. He said that the retreat from doomsday predictions helped fuel a strong rally, especially among industrial stocks. 'If hedge funds thought we were about to experience the apocalypse, and many of them did, then they were poorly positioned coming into this week. And when hedge funds are poorly positioned, you get incredibly motivated buyers like the ones we saw all week that help take us all the way…. And they may not be done with all of their buying, at least because we're suddenly in a very different world with the pessimists having been caught with their pants down. Until they turn optimistic, which might take a little bit, we should remain in good shape.' For this article, we compiled a list of 12 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on May 16. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A technician in a server room managing a large-scale network of computers. Number of Hedge Fund Holders: 78 During the lightning round, a caller asked about Arista Networks Inc (NYSE:ANET). This is what Mad Money's host had to say: 'Arista Networks had a better quarter this time than the previous quarter. At the same time, I will tell you, here's what concerns me: I think Cisco did a better job this quarter and is taking some of their business. I'd rather have you go with Cisco, which is a much cheaper stock.' Arista Networks (NYSE:ANET) develops and sells networking solutions that support data centers, cloud infrastructure, and AI systems. The company's products include a custom operating system, network software, and support services for a wide range of industries. On May 2, Cramer said the following about Arista (NYSE:ANET): 'Arista Networks is a crucial part of the data centers, and it reports. And last time, the doubters surfaced immediately, claiming that these guys were losing share. I think Arista can put those doubts to rest when it's, you know, honestly, they can, and that means it's a buy ahead of the quarter. Never count out CEO Jayshree Ullal. Big mistake. Think about buying Arista.' Overall, ANET ranks 5th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of ANET as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ANET and that has 100x upside potential, check out our report about this cheapest AI stock. 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.
Yahoo
12-05-2025
- Business
- Yahoo
Arista Networks (ANET): AI-Driven Cloud Networking Targets $60B Market
We recently published a list of . In this article, we are going to take a look at where Arista Networks Inc (NYSE:ANET) stands against other AI stocks making moves this week. Is China finally gaining supremacy in the AI arms race? Not quite, but executives from some of the top artificial intelligence companies believe that the country needs to tweak its infrastructure and boost exports to stay ahead in the game. In a US Senate hearing held last Thursday, American AI giants' leaders stressed that even though the US is ahead in the AI race, Washington needs to boost infrastructure and champion AI chip exports to maintain its supremacy over Beijing. READ ALSO: and The U.S. Senate Commerce Committee, chaired by Republican Senator Ted Cruz, is aiming to reduce the regulatory barriers to artificial intelligence in the U.S. This is particularly after China managed to woo the world with its AI advancements, such as cheaper and efficient AI models from DeepSeek and an advanced AI chip from Huawei. The US tech industry is using these concerns to push the Trump administration toward favourable policies, including loosening the limits on the export of AI chips. 'The number-one factor that will define whether the U.S. or China wins this race is whose technology is most broadly adopted in the rest of the world. The lesson from Huawei and 5G is that whoever gets there first will be difficult to supplant'. Sam Altman, CEO of OpenAI, also testified at the hearing. He stated how he believes societal advances from AI will accelerate in the next few years through U.S. innovation. However, he also stated that 'investment in infrastructure is critical.' In a written testimony reviewed earlier by Reuters, it was reported how the AI leaders would also be urging U.S. lawmakers to streamline federal permitting for artificial intelligence energy needs and initiate more government data sets for AI training. 'America's advanced economy relies on 50-year-old infrastructure that cannot meet the increasing electricity demands driven by AI, reshoring of manufacturing, and increased electrification.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A technician in a server room managing a large-scale network of Networks Inc (NYSE:ANET) develops, markets, and sells cloud networking solutions. On May 7, Bank of America reiterated the stock as 'Buy.' The firm said it's standing by Arista following earnings on Tuesday. ' We remain positive on management's ability to execute, the company's technological differentiation, product positioning, and its [total addressable market] growing to $60bn by 2027.' On Wall Street, analysts have an average price target of $108.08 on ANET stock, which implies an upside of 25% from current levels. Overall, ANET ranks 5th on our list of AI stocks making moves this week. While we acknowledge the potential of ANET as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ANET but that trades at less than 5 times its earnings, check out our report about this . 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
