CNBC contributor Jeff Kilburg is buying Fortinet, Cloudflare and Arista for the fourth quarter, even though Fortinet and Cloudflare trade above analyst targets and Arista sits about 20% below its target. The KKM Financial founder pitched the trio on CNBC’s The Exchange as a way to profit from AI spending without owning hyperscalers, according to BeInCrypto, and said Cloudflare does not make money. He also noted Fortinet is up 130% this year, while Arista is up about 58%.