Arista Networks is a buy: it is the essential data-center networking backbone; revenue and operating income each grew nearly 40% in the past year; zero debt, $13 billion cash, forward P/E 27 — fantastic fundamentals, low price, still very cheap. It is up 342% since 2023 and down 14% in 30 days.

Now, the third company on this list, without any particular order, is Arista Networks. It has risen by 342% since we added it in 2023. Over the past 30 days, it has fallen by 14%.

Look, this is the backbone of data centers. These are the networks. Essentially, these are the methods that connect all data centers to each other. Roads must be available for cars to travel . This is essential.

Look at the basics. Revenues increased by nearly 40%. Operating income increased by 40%. This was just during the past year. Zero debt for $13 billion in cash, trading at a forward price-to-earnings ratio of 27.

That's fantastic. Great basics, low price, and still incredibly cheap.