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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.34

-1.8%

3:59 PM EDT

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From: Eric

2/13/2025 4:05:12 PM

of 77397

DJ Cisco Could be 'the Next IBM,' Analyst Says -- Market Talk

12:50 PM ET 2/13/25 | Dow Jones

Related Quotes


3:59 PM ET 2/13/25
Symbol	Last	% Chg
CSCO	63.78	2.00%
IBM	259.19	1.32%
Real time quote.

1250 ET -

Similarities are emerging between Cisco Systems and International Business Machines. IBM was unloved by investors until it started hitting numbers, buying software and posting growth, which has prompted a surge in stock price, Melius Research analysts say in a note. Cisco was similarly overlooked by Wall Street, but the networking-equipment company has struck a better tone in recent quarters, with orders trending upwards and solid gross margins. Now, orders are ramping, and the company's artificial-intelligence strategy is making real progress, analysts say. Shares rise 2.2%, one day after Cisco boosted its revenue outlook for the year, prompted by stronger-than-expected sales in its fiscal 2Q. (connor.hart@wsj.com)

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