Arista Networks (ANET) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill this potential is challenging [1] Group 1: Company Overview - Arista Networks (ANET) is currently highlighted as a recommended growth stock by the Zacks Growth Style Score system, which evaluates a company's genuine growth prospects [2] - The company has a historical EPS growth rate of 34.1%, with projected EPS growth of 19.4% this year, surpassing the industry average of 16.9% [4] Group 2: Financial Metrics - Arista Networks exhibits a year-over-year cash flow growth of 47.4%, significantly higher than the industry average of -18.7% [5] - The company's annualized cash flow growth rate over the past 3-5 years stands at 27.1%, compared to the industry average of -1% [6] Group 3: Earnings Estimates - The current-year earnings estimates for Arista Networks have been revised upward, with the Zacks Consensus Estimate increasing by 0.6% over the past month [8] - The combination of a Growth Score of B and a Zacks Rank of 2 indicates that Arista Networks is a strong candidate for growth investors [9]