Key Takeaways Arista has gained 53.6% in a year, outpacing peers like Hewlett Packard and Cisco.Strong cloud networking demand and Arista 2.0 strategy fuel its solid growth outlook.Margin strain from higher costs and customer concentration risks temper investor optimism.Arista Networks, Inc. (ANET) has surged 53.6% over the past year compared with the industry’s growth of 75.3%. It has also outperformed its peers, such as Hewlett Packard Enterprise Company (HPE) and Cisco Systems, Inc. (CSCO) . While Hewlet ...