We recently published a list of Did Jim Cramer Nail or Miss These 11 Stock Predictions? In this article, we are going to take a look at where Arista Networks Inc. (NYSE:ANET) stands against other stocks that Jim Cramer discusses.
Back in that episode, a caller proudly told Cramer he became a millionaire, partly by buying Arista Networks Inc. for his mother-in-law. He asked whether to hold or sell after a recent pullback. Cramer responded with confidence:
“Arista had an unbelievable quarter. And [CEO] Jayshree’s doing a terrific job. Look, all these stocks are a little bot right now, but I think you want to own it and buy into the volatility.”
Cramer made a solid call here as Arista is up 21.03%. Arista Networks Inc. delivers high-performance networking equipment and software that powers cloud data centers and AI workloads.
More recently however, while addressing the company’s most recent earnings, Jim Cramer said he prefers another stock of Arista. Here are his comments from the 16th of May:
“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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This article is originally published at Insider Monkey.
