Jim Cramer shared his thoughts on Cisco Systems, Inc. (NASDAQ: CSCO) during a recent episode. He noted the company's ups and downs.
Cramer said, "How about, and this one makes me so happy because it's a Charitable Trust name, Cisco? Yes, the online networking play is a little different. Cisco spent years struggling to reinvent itself... and admittedly came late to the AI party. The stock didn't really start running until the second half of 2024. Lately, though, Cisco's gotten its act together, regularly picking off new clients from its competitors... Even though it took roughly 25 years for Cisco to regain its dot-com era highs. Wow. It was the largest cap stock at one point in the market. The company's been putting up stellar numbers over the past few quarters. I think it's finally found its place in the modern world. So what's happening in the daily chart? Alright, after a strong performance in the first 11 months of last year... this stock got hammered in December, it was really kind of surprising, ultimately, filling in the gap from its big rally in November..."
Cisco Systems, Inc. creates networking, security, and collaboration tools that help organizations stay connected and protected.