Cisco: Q1, Targeting $1B AI Orders In FY 2025

Since I upgraded Cisco (NASDAQ: CSCO ) from ‘Sell’ to ‘Buy’ in August 2024, the stock price has increased by 21%, significantly outperforming the overall market. I highlighted the company’s focus on AI, cloud and security markets in my previous article. Notably, their product orders grew by 20% year-over-yearAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this arti ...