10 Best Debt Free Stocks to Buy Now

3. Arista Networks Inc. (NYSE:ANET)

Number of Hedge Fund Holdings: 70

Market Capitalization as of January 31: $145.16 Billion

Enterprise Value: $140.75 Billion

Arista Networks Inc. (NYSE:ANET) is a networking hardware and software company that specializes in high-performance cloud networking solutions. The company generates revenue by selling Ethernet switches, routers, and software-driven networking solutions to large enterprises, data centers, and cloud service providers including tech giants such as Microsoft, Meta, Cisco, Google, Juniper, and HP Enterprise.

Arista Networks Inc. (NYSE:ANET) is strategically well-positioned to capitalize on the growing demand for cloud and artificial intelligence (AI) solutions. For 2025, the company is forecasting a revenue growth rate of 15% to 17%, driven primarily by the cloud and hyperscaler AI market. This forecast is based on the company’s anticipation of a continued mix of cloud and AI spending, which is expected to be accretive.

To support its growth ambitions, Arista Networks Inc. (NYSE:ANET) is making strategic investments in talent and channel partnerships. The company is ramping up its sales headcount at a low double-digit rate, particularly in regions outside of the Americas, where it sees significant growth opportunities. Arista Networks Inc. (NYSE:ANET) has also entered into preferred partner elite programs to strengthen its channel presence and ensure that it can reach and serve a broader customer base effectively.