8 AI News and Ratings Investors Should Know About

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1. Arista Networks Inc (NYSE:ANET)

Number of Hedge Fund Holders: 78

Arista Networks Inc (NYSE:ANET) develops and sells data-driven networking solutions for AI, cloud, data centers, and enterprises across various industries worldwide.

On March 17, JPMorgan analyst Samik Chatterjee added Arista Networks to the firm’s Analyst Focus List while maintaining an Overweight rating. The stock has declined due to worries about AI-related spending by cloud customers and potential market share loss to “White box” competitors. However, JPMorgan sees these issues as having minimal impact. The firm believes Arista has significant upside potential from both earnings growth and valuation expansion.

While we acknowledge the potential of Arista Networks Inc (NYSE:ANET) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ANET but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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