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Cisco Systems Rises 16% in a Year: Buy, Sell or Hold the Stock?
CSCOCisco Systems(CSCO) ZACKS·2024-12-21 01:31

Cisco Systems (CSCO) shares have surged 16% in the trailing 12 months, underperforming the Zacks Computer & Technology sector’s appreciation of 30.7% and the Zacks Computer – Networking industry’s return of 15.3%.Cisco’s expanding footprint across diverse sectors, including cybersecurity, AI infrastructure, cloud solutions, and enterprise networking, is driving its growth and boosting its share performance.CSCO’s strategic partnerships with industry leaders have significantly enhanced its market presence. I ...