Seven Unknown AI Stocks That Could Dominate the Next Six Years
The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.
About Arista Networks, Inc
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, value-added resellers, system integrators, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.
General
| Name | Arista Networks, Inc |
| Ticker | ANET |
| Exchange | NYSE |
| Sector | Technology |
| Industry | Computer Hardware |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 2,613 |
Highlights
| Analyst Target | 345.50 |
| Market Cap | 21,662,906,368 |
| PE Ratio | 50.04 |
| PEG Ratio | 2.00 |
| EBITDA | 750,873,984 |
Share Stats
| Shares Outstanding | 76,331,600 |
| Shares Float | 55,778,534 |
| Shares Short | 1,821,354 |
| Insider Holdings | 2830% |
| Institution Holdings | 65.24% |
Highlights
| Analyst Target | 345.50 |
| Market Cap | 21,662,906,368 |
| PE Ratio | 50.04 |
| PEG Ratio | 2.00 |
| EBITDA | 750,873,984 |
Valuation
| Trailing PE | 35.52 |
| Forward PE | 27.78 |
| Price/Sales (Trailing 12 Mt.) | 9.60 |
| Price/Book (Most Recent Quarter) | 6.43 |
Earnings
Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate
Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.
Trump Vs. Biden: Latest Poll Results In Key State Of Virginia Spells Trouble For One Candidate And His Party
A recent poll shows a tie between President Joe Biden and former President Donald Trump in Virginia, a state that has been under Democratic control for the last two decades.
The 7th Trillion Dollar Company? - Ad
There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.
Tesla Model 3 Long Range Now Qualifies For Full $7,500 Tax Credit
Tesla Inc (NASDAQ: TSLA) announced the new Model 3 Long Range (LR) now qualifies for the full $7,500 federal tax credit in the
Biden Vs. Trump Matchup In Key Swing State Of Arizona Shows One Candidate Pulls Ahead With Appreciable Lead, But This Demographic Could Tip The Scale For Either Candidate
The 2024 election is shaping up to be one of the most closely contested, even though neither of the presumptive candidates inspires much confidence among voters.
Biden Out By August 19? - Ad
A former CIA insider just announced a disturbing prediction... Biden will withdraw as the Democrat nominee before August 19. This former CIA advisor says the Dems already have Biden's replacement -- a shadow candidate hand-selected to defeat Trump.
Biden In Trouble: Trump Dominates Swing States, Ties In New Battleground State Won By Democrats In 12 Straight Presidential Elections
A new 2024 election poll makes a change to what the top seven swing states are. The move and poll results could have Joe Biden worried.
Photo Of G7 Leaders, Joe Biden's Seemingly Unusual Actions At Summit Draw Scrutiny
A summit photo captured the dynamics and tensions among G7 leaders, as scrutiny over Biden's actions rises.
5 Wall Street Legends Just Bought This One Stock - Ad
"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.
Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand
Goldman Sachs analyst James Schneider initiates coverage on US Telecom Services and infrastructure sector, constructive on wireless carriers and data centers.
Block Positioned For Strong Growth On Neobank Leadership & Financial Services Expansion Strength: Goldman Sachs
Goldman Sachs covers Block, Inc. (NYSE: SQ) with a Buy rating and $80 price target. Analyst sees potential in SMB payments and fintech.
This Is Where the World's Richest Men Are Putting Their Money - Ad
Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."
Bitcoin Continues Sideways Despite $21M ETF Inflow On Wednesday
Bitcoin spot ETFs saw net inflows of $21.5 million, signaling a shift in investor sentiment. Experts will discuss this and more at Benzinga's event.
Malaysia Airlines flight to Bangkok makes a U-turn due to a pressurization issue
KUALA LUMPUR, Malaysia (AP) — Malaysia Airlines said one of its flight en route to Bangkok had to make a U-turn back to Kuala Lumpur International Airport on Monday after experiencing a “pressurization issue.”
Something BIG's About to Happen in America - Ad
The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.
Ford's Jim Farley Embraces EVs, Exciting Rival Tesla CEO Elon Musk, But Report Says Nearly Half Of EV Owners In US Want To Switch Back To Gas
Ford CEO Jim Farley on Friday wrote an article on X, detailing his long-standing love for gas vehicles and a newfound love for EVs, and rival CEO Elon Musk is excited. The sentiment, however, is not shared by EV owners across the U.S.
'Rich Dad Poor Dad' Author Robert Kiyosaki Agrees With Raoul Pal's Bitcoin 'Banana Zone' Theory: 'He Knows What He's Talking About'
World-renowned author and financial educator, Robert Kiyosaki, recently expressed his support for macro guru Raoul Pal’s much-discussed “Banana Zone” theory, predicting a significant surge in Bitcoin’s (CRYPTO: BTC) value.
Former CIA Insider: Biden Wants Backroom Deal For Pardon? - Ad
A former CIA insider just made a stunning prediction: Is Biden making a backroom deal... To drop out of the presidential race... In exchange for a pardon for his crimes? This would create a rare economic phenomenon... The little-known "Chaos Rally". Good Americans who know exactly what to do could potentially collect huge financial gains.
SpaceX Preparing To Catch Starship Booster At Starbase During Next Test Flight Instead Of Splashing It Down: 'Just Karate Kid At Scale,' Musk Laughs At Test Video
SpaceX prepares to catch Starship booster at Starbase instead of splashdown in Gulf of Mexico. Reusability key for reducing spaceflight costs.
Chinese Carmakers Urge Beijing To Increase Tariffs On EU Gasoline Cars In Retaliation For EV Tariffs: Report
Chinese carmakers have reportedly called upon Beijing to raise tariffs on European gasoline-powered cars. This move is seen as a retaliatory measure EU restrictions.
Buy These 3 Stocks Before the FDA's Anticipated Announcement - Ad
See this ASAP! This could NOT be more urgent.... Ian King has identified 3 little-known stocks that could go up 10X in the coming years. It's all thanks to a breakthrough product that could save billions of lives. Maybe even yours.
Coinbase Shares Spike After Company Unveils Stripe Collaboration To Streamline Crypto Payouts
In a significant move for the cryptocurrency world, leading digital asset exchange Coinbase Global Inc. (NASDAQ:COIN) and payment processing giant Stripe have unveiled a strategic alliance aimed at enhancing cryptocurrency payment solutions.
Stellantis Recalls Over 1M Vehicles In US Over Rearview Camera Image Display Issues
Stellantis NV is recalling over a million vehicles in the U.S. due to a rearview camera issue, adding to its already high number of recalls this year.
Amazon's Betting Big on This Unknown AI Company - Ad
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
Supreme Court Rejects Trump-Ally Steve Bannon's Appeal, Prison Sentence Looms
The Supreme Court dismissed Steve Bannon's final appeal to avoid prison, mandating him to report to prison by July 1 for his contempt of Congress conviction.
Trump Media & Technology Stock Soars After Presidential Debate - What's Going On?
Trump's media group shares soared after the first 2024 presidential debate between Biden and Trump. Biden's age and hoarse voice raised concerns.
"America's No. 1 Retirement Stock" (Name Inside) - Ad
According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?
California Democrats agree to delay health care worker minimum wage increase to help balance budget
SACRAMENTO, Calif. (AP) — Democrats in California have agreed to delay a for about 426,000 health care workers to help balance the state's budget.
Joe Biden's TikTok Ban Could 'Adversely' Impact Oracle's Revenue And Profit, Tech Giant Warns
Oracle Corporation has cautioned investors about the potential financial implications of a U.S. ban on TikTok.
Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad
In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."
Google Makes Major Solar Move, Acquires Stake In Taiwan-Based New Green Power Owned By BlackRock
Alphabet Inc.'s subsidiary Google has purchased a stake in a Taiwanese solar power company. The deal, which involves New Green Power, a firm owned by BlackRock, could see Google procure up to 300 megawatts of renewable energy.
EU criticizes France for excessive debt, putting pressure on Macron during election campaign
BRUSSELS (AP) — The European Union's executive arm on Wednesday criticized France for running up excessive debt, a stinging rebuke at the height of an where President Emmanuel Macron is facing a strong challenge from the extreme right and the left.
Blundering Biden OUT As Dem Nominee? - Ad
Biden's days are numbered! According to a former CIA and Pentagon insider... Biden's about to drop out of the presidential race by August 19! He also reveals Biden's replacement candidate... A guy the Democrats think could actually beat Trump in November.
What's Going On With BioRestorative Therapies Stock?
BioRestorative Therapies shares are trading higher Monday after the company announced it has received notice from the Nasdaq Stock Market that it has regained compliance with listing requirements.
US Ally Slams China's Claims Of Vessel Collision As 'Deceptive And Misleading' Amid Rising South China Sea Tensions
They declined to share operational details and criticized China for its "illegal" presence within the Philippine exclusive economic zone.
Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad
Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.
Benzinga Bulls And Bears: Nvidia, Trump Media, GameStop, Apple And Dogecoin Faces 'Decision Time'
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
Bitcoin, Ethereum, Dogecoin Edge Higher As Market Cheers Solana Spot ETF Filing: Analyst Forecasts King Crypto's Bounce To $66K If This Condition Holds
Leading cryptocurrencies ascended Thursday as the market celebrated the entry of Solana (CRYPTO: SOL) in the now hot spot exchange-traded fund for digital assets in the U.S.
New "Living Missile" to Replace Nuclear Missiles - Ad
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Scaramucci Says Democrats Have To 'Switch Up Their Strategy Immediately' After Biden's 'Brutal' Debate Performance: 'Trump Will Win On Nov. 5 Unless ...'
Scaramucci says time might be running out for Democrats if they want a fair chance of putting up a good show in the Nov. 5 election.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.