Arista Networks (ANET-N)

Cloud-networking solutions, particularly on switching and routers. Hardware that all the hyperscalers and data centres need. 12-month price target of $462. Buy in thirds here around $375, $355, and $335. No dividend.

Pretty fully priced, so don't buy now. Try around $328, and again around $311-12.

Turned over recently because CSCO reported a gain in market share. Senior management actually came from Cisco. Price targets range from $305-325. Fully priced right now. Hold, and use additional funds to buy some CSCO instead.

Cloud spending hasn't slowed at all. They have strong operating leverage. Sales were up 21% and EPS 48%. This keeps going up.

Very strong stock performance. Continues to beat earnings and sales expectations. Competition with Microsoft and Amazon. Demand for products very high. Excellent business that is good for long term investors. Very high margins. 

Has owned this for 3 years for the cloud infrastructure AI networking build-out, which explains why it's up 25% in 3 months.

Network equipment provider to data centres. One of the best. Loved by MSFT and META. Structural advantage by virtue of what it does. Modulating services to be more accessible to smaller customers. Very high profit margins, excellent free cashflow, increasing market share. No dividend.

He sold it. It was a trade. He bought it because he felt it could ride the AI rally, launched by Nvidia. ANET had great earnings, but the stock hasn't gone anywhere. He'll still follow it.

They delivered a blowout quarter.

Software for data centres and campus workspace applications. Big customers include hyper-scalers like MSFT, META, AMZN. AI race benefits will trickle down to ANET. Sustainable 20% growth over the next several years. Trades at 22x earnings. Pullback is good time to add. No dividend.