Is It Too Late to Buy Arista Networks Stock?
Arista Networks (NYSE: ANET) posted better-than-expected third-quarter results on Monday despite worldwide supply chain constraints. Management also said it anticipates impressive revenue growth next year and a strong double-digit percentage compound annual growth rate through 2025.
Following those positive announcements, the stock price jumped by nearly 26%, and it is now up by approximately 102% since the beginning of November 2020. So is it too late for investors to buy shares and get exposure to the cloud network specialist's rosy future?
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Source Fool.com
