CSCO Stock Recent News
CSCO LATEST HEADLINES
In the latest trading session, Cisco Systems (CSCO) closed at $49.21, marking a -1.6% move from the previous day.
An analyst bumped his price target higher on the networking specialist's shares. While he only added $1, it was nevertheless an encouraging move for investors.
The networking hardware giant is trading at a near record discount to the S&P 500.
The technology sector is generally responsible for innovation and growth. Thus, it's no surprise that it often produces highly valued stocks.
Nvidia is led by a founder-CEO, while Cisco Systems' CEO in the late 1990s was not involved in starting the company. Nvidia's moat to keep competitors at bay is arguably higher than Cisco's moat in the late 1990s.
Cisco Systems (CSCO) launches AI-Enabled ICT Workforce Consortium with tech giants to transform AI-driven workforce development.
Cisco (CSCO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Investors can't seem to get enough of Nvidia, given the company's dominance in the AI realm. Cathie Wood fears that its shares could end up like Cisco's stock following the dot-com crash in the early 2000s.
With so many different companies claiming the artificial intelligence (AI) moniker as of late, it can be difficult to determine which AI offerings are worth investing in. Companies can define themselves as AI stocks by doing anything from providing cloud infrastructure hardware to training large language models to using machine learning for data analysis.
Cisco Systems, Inc. (CSCO) Presents at OFC 2024 Cisco and Raymond James (Transcript)