ANET · suggested 2026-06-22
Arista builds the high-speed switches that move data between the chips inside an AI data centre, the plumbing that lets thousands of accelerators work as one. This is core AI compute infrastructure on the networking side. We like it because it leads in the fast switching that AI clusters need, it sells to the largest cloud builders, and it earns fat margins doing it.
Where this sits in the cycle
It rides the cloud giants' building spree, so it does well while that spending grows and stalls when it pauses, which makes it more cyclical than a software name. A large share of its sales comes from a handful of huge customers. We are still early to middle in the AI buildout, the part of the cycle that suits it.
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ANET · suggested 2026-06-22
173,99 USD
-0,3% since suggestion at 174,56 USD
iShares Global Tech Index, the bet to beat: -6,3% over the same stretch
Daily closes, the newest refreshed through the trading day.
Today the price sits 6% above its 50-day average and 20% above its 200-day average.