Arista Networks

Arista Networks designs high-performance networking equipment, particularly switches and software built for the demanding data centres of cloud providers and large enterprises. It has won significant share from incumbents by pairing merchant silicon with a flexible, programmable operating system, positioning it as a key supplier to hyperscale and artificial intelligence computing infrastructure. Arista pays no dividend, choosing instead to reinvest its considerable profits in research and growth while returning some capital through buybacks. There is no dividend history to speak of, and the yield is effectively zero, consistent with a fast-growing technology company. The stock is squarely a growth investment, suited to investors seeking capital appreciation rather than any form of income.