From Yahoo Finance: 2025-05-01 20:12:00

The stock market ended strong on Thursday with major indices in the green, propelled by impressive corporate earnings. The Nasdaq led the rally with a 1.52% gain, while S&P 500 and Dow Jones also saw increases. Ten companies showed optimism with strong earnings and positive outlooks for the year.

Arista Networks Inc. (ANET) soared 6.77% on Thursday, reaching $87.84 per share. Analysts’ bullish outlook, including a 37% price target increase from Morgan Stanley, fueled investor confidence. ANET is set to release its Q1 earnings on May 6, 2025, known for its data-driven networking solutions for various environments.

ANET ranked 9th among top performers on Thursday. While a promising investment, AI stocks may offer greater returns in a shorter time frame. Consider exploring other AI stocks for potential opportunities. Check out our report on the cheapest AI stock for more insights.

For more on AI stocks, read about the 20 Best AI Stocks to Buy Now and the 30 Best Stocks to Invest in According to Billionaires. This article is originally published at Insider Monkey.



Read more at Yahoo Finance: Why Arista Networks Inc. (ANET) Soared On Thursday