Is Cisco Systems Stock Outperforming the Nasdaq?

San Jose, California-based Cisco Systems, Inc. (CSCO) is an IP-based networking company offering products and services to service providers, companies, commercial users, and individuals. With a market cap of $301.2 billion, Cisco’s operations span the Americas, Indo-Pacific, Europe, the Middle East, and Africa.

Companies worth $200 billion or more are generally described as “mega-cap stocks.” CSCO fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the communication equipment industry.

Cisco touched its all-time high of $80.06 on Nov. 20 and is currently trading 4.7% below that peak. Meanwhile, CSCO stock prices have surged 13.7% over the past three months, outperforming the Nasdaq Composite’s ($NASX) 7.4% uptick during the same time frame.

Over the longer term, Cisco’s performance looks even more impressive. CSCO stock prices have soared 28.9% on a YTD…