From Yahoo Finance: 2025-04-13 14:40:00

A recent article listed the 30 Best AI Stocks to Buy According to Billionaires. The Trump administration’s tariffs on Chinese goods have dampened optimism in the US economy. Hedge funds reduced risky bets before the tariffs were announced. Billionaires’ bullish views on AI have shifted due to recent market volatility.

Arista Networks, Inc. (ANET) has revised its 2025 revenue outlook to $8.2 billion, citing increased demand for Ethernet solutions. Despite slower AI revenue growth, the company expects to benefit from cloud and enterprise sectors. UBS has a Buy rating on ANET with a price target of $115. ANET ranks 16th on the list of best AI stocks.

Investors can explore more AI opportunities by checking out the 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities. Hedge funds and billionaire investors are closely watching AI stocks for potential returns. Following top hedge funds’ stock picks can outperform the market significantly, with a strategy that has returned 373.4% since May 2014.

Overall, ANET holds promise in the AI sector but may not offer the highest returns. Some AI stocks show potential for better returns in a shorter timeframe. Investors seeking a promising AI stock trading at a discount can explore the report on the cheapest AI stock. The AI market is volatile, and careful selection of stocks can lead to significant gains in the long run.

Read more: Arista (ANET) Lifts 2025 Outlook to $8.2B on Hyperscaler Ethernet Demand