Jim Cramer on Arista Networks: "Long-Time Cramer Fave"

Arista Networks Inc (NYSE:ANET) is one of the top 10 S&P 500 winners of the day that Jim Cramer highlighted. Cramer mentioned the stock during the episode and said that it is his long-time favorite. He remarked:

“There was even a tech stock, and it isn’t a magnificent one. We’re talking about Arista Networks, which makes networking equipment, long-time Cramer fave. After that last quarter, some thought that Arista had lost a step. I didn’t see it that way, but you had to wait a bit before it seemed to matter.”

Arista Networks (NYSE:ANET) develops and sells data-driven networking solutions for cloud, AI, data center, campus, and routing environments, built around its Extensible Operating System and a suite of network applications. During a May episode, Cramer said that he prefers another stock more than Arista (NYSE:ANET), as he commented:

“Arista Networks had a better quarter this time than the previous quarter. At the same time, I will tell you, here’s what concerns me: I think Cisco did a better job this quarter and is taking some of their business. I’d rather have you go with Cisco, which is a much cheaper stock.”

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Disclosure: None.