Cisco Shares Trade Near 52-Week High: What's Next for CSCO Investors?

Key Takeaways CSCO stock is up 17% YTD and nearing its 52-week high of $69.78. Cisco secured $1B in AI infrastructure orders early and expanded its NVIDIA and ServiceNow partnerships. Security demand boosts CSCO with new solutions and Splunk integration, though valuation concerns persist.Cisco Systems (CSCO) shares closed at $69.27 on Wednesday, slightly lower than the 52-week high of $69.78, which it hit on June 30. Year to date (YTD), CSCO shares have appreciated 17%, beating the Zacks Computer & Techno ...