Beating the SPDR S&P 500 ETF (NYSE: SPY) is no easy feat.
After all, the ETF generated a 93% return over a period of five years between 2018 and 2023.
In comparison, the latest Singapore Savings Bonds, with an average interest of 3.3%, will only get you 18% in gains over the same period.
Hence, it speaks volumes when Arista Networks, Inc. (NYSE: ANET), Intuitive Surgical, Inc. (NASDAQ: ISRG) and Tractor Supply Company (NASDAQ: TSCO) outperformed the ETF over this period.
Charts: Yahoo Finance
An industry leader in data-driven, client to cloud networking
Founded in 2008 and listed in 2014, Arista Networks has more than 8,000 cloud customers worldwide.
Among them, its two biggest customers are Meta Platforms (NASDAQ: META) and Microsoft Corporation (NASDAQ: MSFT).
An innovative company, Arista’s network solutions have taken the fight to the incumbent, Cisco Systems (NASDAQ: CSCO).
Arista has continued gaining market share over the years.
This move has translated into impressive growth for both its top and bottom lines.
Revenue grew from...