Is Arista Networks Stock a Buy?
Following several challenging quarters last year because of the volatile spending of a few giant customers, Arista Networks (NYSE: ANET) posted strong fourth-quarter results last week. In addition, management expects double-digit revenue growth in 2021, as the company is diversifying its core cloud networking business. Yet despite that encouraging outlook, the stock price barely moved following the news. So should investors take this opportunity to invest in the cloud networking specialist?
Over the last decade, Arista Networks has disrupted the traditional networking industry with innovative solutions for cloud providers. In contrast with Cisco Systems' legacy monolithic networking equipment, it disaggregated software and hardware to offer large customers more flexibility to build network infrastructures that better corresponded to their scale, performance, and cost requirements.
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Source Fool.com
