Jim Cramer Recently Discussed These 17 Stocks And Chinese Hackers

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7. Arista Networks, Inc. (NYSE:ANET)

Number of Hedge Fund Holders In Q3 2024: 70

Arista Networks, Inc. (NYSE:ANET) is a cloud computing hardware and software provider. It provides networking software as well as products such as Ethernet adapters. Over the past year, the shares have gained 86% primarily on the back of AI-related tailwinds that are expected to benefit the firm due to the growth in data centers. Arista Networks, Inc. (NYSE:ANET) had a great 2024 as it continually guided Q3, Q2, and Q4 revenue above analyst estimates. Cramer is also a fan of the firm and its CEO as he shared:

“Then Arista, well you know Arista’s the one a lot of people feel, that’s Jayshree Ullal, Jayshree, that’s the plumbing for data centers. So that makes a lot of sense. Jayshree is a very compelling figure in terms of, even more than Broadcom, in the data center.”

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