The Zacks Analyst Blog Highlights Arista Networks, Fabrinet, Analog Devices, Advanced Micro Devices and NVIDIA Zacks Equity Research Wed, November 11, 2026 at 1:28 AM EST 6 min read AMD +6.97% NVDA -2.53% ANET +4.04% FN +0.07% ADI +2.32% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Chicago, IL – November 11, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Arista Networks, Inc. ANET, Fabrinet FN, Analog Devices, Inc. ADI, Advanced Micro Devices AMD and NVIDIA Corp. NVDA.
Here are highlights from Tuesday's Analyst Blog:
AI Boom Isn't Over: 4 Stocks to Buy the Dip Amid Tech Bloodbath
The AI bloodbath has rattled Wall Street. Artificial intelligence (AI) stocks suffered for a while, and last week, major indexes witnessed their worst decline in years. Investors have been rotating out of riskier assets as fears grow over the future of AI stocks in the wake of the recent midterm election results that saw Democrats seize power in both the Senate and House.
However, AI stocks still have a lot of potential as demand continues to exceed supply. Tech stocks have been primarily responsible for the broader market rally over the past few years as big tech giants continue to explore the market with massive investments.
Given this scenario, it would be ideal to invest in AI stocks such as Arista Networks, Inc., Fabrinet, Analog Devices, Inc. and Advanced Micro Devices.
The Nasdaq suffered its worst single-day decline in 19 months on Thursday, as the tech-heavy index plunged 5.5% to end at 24,315 points and entered correction territory. The S&P 500 also suffered its biggest single-day decline in over six years.
The declines came a day after Democrats won the U.S. midterm elections. Concerns have grown that their win would lead to slow data center spending, which several tech companies have been focusing on.
Massive spending on data centers is a result of the higher AI demand, which has also been responsible for the market rally. A major part of the overall tech sphere is today centered on AI.
Also, investor sentiment has partly been hurt by the revelation of NVIDIA Corp. CEO Jensen Heung's affair with a Chinese woman. NVIDIA has been at the heart of the AI boom that started a few years ago. The semiconductor giant's shares declined following the revelation.
However, AI stocks still have a lot of potential. Major cloud providers have been pumping in hundreds of billions of dollars into data centers and networking equipment. Demand for advanced computing capacity is still higher than available supply, which gives opportunities to companies supplying critical hardware and infrastructure.
Also, AI is fast graduating from its experimental phase to an advanced stage, with tech giants beginning to report tangible benefits from its adoption.
At the same time, the recent declines in AI stocks have helped ease the lofty market valuations, bringing forward earnings multiples to more reasonable levels. This has created potentially attractive entry points for selective long-term investors. So, it would be ideal to adopt a 'buy the dip' approach.
Arista Networks, Inc. is engaged in providing cloud networking solutions for data centers and cloud computing environments. ANET offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for the next-generation data center networks. Arista uses multiple silicon architectures across its products. At the core of ANET's cloud networking solutions is the Linux-based Extensible Operating System, which was architected to be fully programmable and highly modular.
Arista Networks' expected earnings growth rate for the current year is 40.9%. The Zacks Consensus Estimate for current-year earnings improved 2.9% over the past 60 days. ANET currently has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Fabrinet provides advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products. Offerings span process design and engineering, supply chain management, manufacturing, complex printed circuit board assembly, advanced packaging, integration, final assembly and testing. FN manufactures optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, sensors, and customized optics and glass used both in customer programs and the merchant market. Fabrinet's business is centered on data center and communications infrastructure markets, with additional exposure to automotive, industrial and other applications.
Fabrinet's expected earnings growth rate for the current year is 40%. The Zacks Consensus Estimate for current-year earnings improved 6.3% over the past 60 days. Currently, FN has a Zacks Rank #1.
Analog Devices, Inc. is an original equipment manufacturer of semiconductor devices, specifically, analog, mixed-signal and digital signal processing integrated circuits. ADI's product line is composed of amplifiers and comparators; analog-to-digital converters; digital to analog converters; video encoders and decoders; embedded processing products and DSPs; MEMS and temperature sensors; RF/IF components and converters; power and thermal management ICs; audio/video converters, amplifiers, CODECs, filters and processors.
Analog Devices' expected earnings growth rate for the current year is 66.9%. The Zacks Consensus Estimate for the current-year earnings has improved 0.3% over the past 60 days. ADI currently has a Zacks Rank #2 (Buy).
Advanced Micro Devices has strengthened its position in the semiconductor market on the back of its evolution as an enterprise-focused company from a pure-bred consumer-PC chip provider. AMD has emerged as a strong challenger to NVIDIA's dominance in the graphics processing unit or GPU market based on its Radeon chips.
AMD's processors are primarily powered by the company's proprietary Zen CPU and Vega GPU architectures. Advanced Micro Devices generated revenues of $22.68 billion in 2023.
Advanced Micro Devices' expected earnings growth rate for the current year is 82.5%. The Zacks Consensus Estimate for the current-year earnings has improved 1.6% over the past 60 days. AMD currently carries a Zacks Rank #2.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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