5 Best NYSE Stocks to Buy for Long-Term Investment

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

Number of Hedge Fund Holders: 85

Arista Networks, Inc. (NYSE:ANET) is one of the best NYSE stocks to buy for long-term investment. Arista Networks, Inc. (NYSE:ANET) received several rating updates following the release of its fiscal Q1 results. On May 7, Truist lifted the price target on the stock to $175 from $161 and reiterated a Buy rating on the shares. It told investors in a research note that the company’s fiscal Q1 results showed accelerating revenue growth, and the firm sees the stock’s post-Q1 weakness as a particularly attractive buying opportunity.

Arista Networks, Inc. (NYSE:ANET) also received a rating update from Raymond James on May 15, with the firm upgrading the stock to Outperform from Market Perform and setting a price target of $164. It told investors in a research note that the company’s sales growth will improve in 2027 and beyond as it expands into new applications like scale-across and gains share in the AI backend and campus. It also stated that “thematic AI growth vectors” are emerging and playing to Arista Networks, Inc.’s (NYSE:ANET) strengths, including inference and reasoning workloads.

Arista Networks, Inc. (NYSE:ANET) develops, markets, and sells cloud networking solutions. The company’s solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms. It also offers various product categories, including Core, Cognitive Adjacencies, and Network Software and Services.