Arista Networks (ANET) sells advanced network-operating systems, enabling third-party developments to scale and achieve speeds from 10 to 400 Gbit/s. The company has been making significant progress in capturing a larger pie of the network hardware space, but shares have lagged behind, currently trading at their late 2017 levels. In the meantime, the company has grown both its top and bottom line, where it enjoys juicy margins. Moreover, the balance sheet is stellar, with $2.6B in cash and no debt. I see Arista as a great buy in this market environment. With high