Cloud Computing Shift To The Metaverse Makes Networking Stocks ‘Sexy’ Again
As cloud computing evolves and the “metaverse” becomes a tech industry buzzword, network gear makers find themselves once again basking in the spotlight. It’s not exactly the networking bonanza of the late 1990s, but big-name tech stocks like Cisco, Juniper and Arista are once again grabbing investors’ attention.
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These major networking players — formally known as Cisco Systems (CSCO), Juniper Networks (JNPR) and Arista Networks (ANET), along with Extreme Networks (EXTR) — have easily outperformed the Nasdaq composite’s 20% gain for 2021. A couple have doubled in value or come within