Daily Quality Stock Pick

Arista Networks (ANET): the networking backbone of the AI buildout

Arista meets both hard filters: ROE of 31.4% and a 3-year FCF CAGR of ~111% (FY2022–FY2025). The company dominates high-speed Ethernet switching for AI data centers, carries $10.7B in net cash, and trades at 41x forward earnings — fully priced but not obviously expensive for a market leader in a multi-year infrastructure cycle.