Jim Cramer Discusses These 11 Stocks & President Trump’s Approval Drop

2. Arista Networks, Inc. (NYSE:ANET)

Number of Hedge Fund Holders In Q4 2024: 78

Arista Networks, Inc. (NYSE:ANET) is a networking equipment company whose exposure to data centers has helped the firm in today’s AI age. The shares gained 92% in 2024 due to its data center exposure. However, Arista Networks, Inc. (NYSE:ANET) sank by 22% during the DeepSeek selloff and by another 6.4% in February as investors worried whether the firm might have lost market share to contract manufacturers. In his previous remarks, Cramer’s been upbeat about Arista Networks, Inc. (NYSE:ANET)’s CEO and he continued the optimism this time around as well:

“One of my favorite companies, one of the great performers of our era is Arista Networks. They do networking for data, for cloud. They are very much involved in everything we hear about what the tech titans, Jayshree Ullal is so great . . .they reported last night, people did not like the quarter, she guided conservatively, talked about the idea of margin pressure from Meta. Now let me just say this, every time there has been any conservative statement from Jayshree, you buy. You wait a couple of days, you let the stock settle. This time will be no different, there’s no real loss of business at Meta to speak of. And I’ve got to tell you, in the end everybody raised price. Now we saw this last week, this phenomenon, Palo Alto gets trashed the night before everybody raised price, now the stock is above where it was. I’m not saying this necessarily, well it is a four for one, it’s not down. I’m not saying that this thing will recover immediately, because there is some hair on it with Meta. But if you watch her tonight, and I don’t know exactly what she’s going to say, but she’s conservative. And at one point she says in the call, look the guidance is the guidance. . look at that, this is not the beginning of the end of Arista, they are in almost every data center, they are doing incredibly well.”

“This company is graded at a level of, it’s unbelievable. There’s, she’s held to a standard that is ridiculous, and in the end, she just delivers, and delivers, and delivers. Watch her tonight, I’ve known Jayshree for years. She is a hitter and you bet against her, you know what kind of letter I send? The invitation to your funeral.”