Jim Cramer on Arista Networks Inc (ANET) Stock: “I Don’t Understand Why It’s Down This Much”

We recently published a list of Jim Cramer Talked About These 16 Stocks Recently. In this article, we are going to take a look at where Arista Networks Inc (NYSE:ANET) stands against other stocks that Jim Cramer discussed recently.

A caller asked how much runway Arista Networks Inc (NYSE:ANET) has in the AI boom. Here’s what Cramer had to say in response:

“Okay…. I’ve been, boy, you know, I talked about Arista this morning with someone, and we were both aghast that the stock has come down this much. This is a terrific company, and I hadn’t, it was with Jeff Marks, my partner for the club, and we think, we gotta do some work. I want Jayshree back. Okay? I’m not going to, Jayshree deserves to have her story told rather than just accept that 19% decline. That’s what we’re going to do. We’ll have her back because I don’t understand why it’s down this much.”

Jim Cramer on Arista Networks Inc (ANET) Stock: “I Don't Understand Why It's Down This Much”

A technician in a server room managing a large-scale network of computers.

Arista Networks (NYSE:ANET) develops and sells networking solutions and software to support AI, cloud, and data center operations. The company also provides ongoing customer support and serves a wide range of industries through different sales channels.

Overall, ANET ranks 4th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of ANET as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ANET and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.