© Reuters. Cisco vs. Arista: Which Networking Stock is a Better Buy?
The adoption of a hybrid working culture, increased demand for cybersecurity, and the commercial availability of 5G technology are driving the networking industry’s growth. Thus, popular networking stocks Cisco (CSCO) and Arista (ANET) are poised to deliver significant returns in the coming months. But let’s find out which of these stocks is a better buy now. Read on.Cisco Systems, Inc. (NASDAQ:) designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. Its offerings include infrastructure platforms, applications, security and other products.
Arista Networks , Inc. (NYSE:) develops, markets, and sells cloud networking solutions that use software innovations to address the needs of Internet companies, cloud service providers and data centers for enterprise support. It also provides post-contract customer support services.
Because most businesses were forced to operate remotely during the worst of the COVID-19 pandemic, their increased adoption of cloud-based business solutions has allowed networking companies to grow significantly since the onset of the pandemic.
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