5 Best Telecom Companies to Invest In

In this article we will list the 5 Best Telecom Companies to Invest In. For our detailed industry coverage as well as a more comprehensive list, please visit 10 Best Telecom Companies to Invest In.

5. ARISTA NETWORKS INC

Number of HFs: 59

ARISTA NETWORKS INC (ANET) is based in Santa Clara, California, Arista Networks, Inc. (ANET) specializes in offering cloud networking solutions. As of November 24, 2023, the closing stock price for Arista Networks, Inc. (ANET) stood at $218.39 per share. Over the past month, the company experienced a return of 12.63%, and its shares have appreciated by 62.97% in value over one year. The market capitalization of Arista Networks, Inc. (NYSE: ANET) is currently $67.941 billion.

Madison Mid Cap Fund said the following about Arista Networks, Inc. (NYSE:ANET) in its Q3 2023 investor letter:

“In the third quarter, the top five contributors were Arch Capital Group, Arista Networks Inc. (NYSE:ANET), Liberty Broadband, CDW, and Progressive. Arista Networks is benefiting from robust revenue and earnings growth as demand from its core ‘Cloud Titan’ customers continues at a strong rate, and its emerging enterprise business takes market share. Further, the company is well positioned to benefit from investment in AI infrastructure.”