Posted 3/12/2024, 3:42:00 PM
Arista Networks Soars as AI Stock to Watch on Rebound From Key Support Level
- Arista Networks hit a new buy point amid a rebound from a key support level, making it one of the top AI stocks to watch now
- Arista sells computer network switches to speed up data center communications for major tech customers
- Analysts expect Arista to benefit from customer investments in AI infrastructure through 2025
- The stock recently bounced from its 50-day line, putting it in a new buy area for investors
- Arista has strong fundamentals, with a near-perfect 98 Composite Rating and relative strength line hitting new highs in March