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I Know First Average: 16.06%
ANET Stock Forecast: Surge In Internet Traffic During Pandemic Makes Arista Networks A Buy
This article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.Summary:
- If you have above average IQ, you know that Arista Networks is one of those companies that are truly benefiting from the COVID-19 pandemic.
- Billions of people are still forcibly stuck-at-home or imprisoned. Fascist quarantine orders are causing a huge surge in internet usage.
- Internet service providers and data center operators are being forced to buy more routers and ethernet switches.
- The COVID-19 pandemic further fortifies Arista’s leadership in 100G ethernet switches.
- The more customers for its 100G switches, the faster Arista can focus on growing its 400G products.
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