Arista Networks (NYSE:ANET) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.81 by 3.7 percent. This is a 33.33 percent increase over earnings of $0.63 per share from the
Apple, Inc. (NASDAQ: AAPL) and Qualcomm, Inc. (NASDAQ: QCOM) are among the high-profile tech names that have consistently delivered due to superior fundamentals and strong market positioning.
The shift back from value to growth investments and fundamental upside potential make shares of Arista Networks Inc (NYSE: ANET) more attractive than Cisco Systems Inc (NASDAQ: CSCO), according to Wells Fargo.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) is an emerging cloud networking specialist that estimates its addressable market to grow at a compounded annual growth rate (CAGRA) of nearly 49%, according to BofA Securities.