10 Best NYSE Stocks to Buy for Long Term Investment

3. Arista Networks Inc. (NYSE:ANET)

3-Year Revenue CAGR: 33.05%

Number of Hedge Fund Holders: 75

Arista Networks Inc. (NYSE:ANET) is one of the best NYSE stocks to buy for long term investment. On July 1, Arista Networks expanded its AI-driven enterprise offerings. The expansion includes new switching, Wi-Fi 7 access points, and WAN capabilities. Concurrently, Arista acquired the VeloCloud SD-WAN portfolio from Broadcom Inc. (NASDAQ:AVGO).

Organizations are increasingly adopting a centers-of-data strategy to connect AI algorithms and models with distributed data stores. Arista is addressing this with an expanding suite of hardware and software solutions. This commitment contributed to Arista Networks being recognized in the Visionaries Quadrant of the 2025 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, published on June 26. In the report, Gartner positioned Arista Networks as the vendor with the highest Ability to Execute within the Visionaries Quadrant.

Arista’s acquisition of VeloCloud is designed to enhance branch connectivity. VeloCloud provides cloud-delivered SD-WAN solutions with integrated security, which complements Arista’s existing wired and wireless switching portfolio. The VeloCloud solutions encompass edge hardware platforms that feature integrated secure firewalling and application-optimized SD-WAN.

Arista Networks Inc. (NYSE:ANET) develops, markets, and sells data-driven and client-to-cloud networking solutions for AI, data center, campus, and routing environments internationally.