By Ramish Cheema
Publication Date: 2026-08-23 00:12:00
Networking equipment provider Cisco Systems, Inc. (NASDAQ:CSCO)’s shares are up by more than 60% over the past year and by more than 40% year-to-date. With the AI buildout in full swing, the firm has benefited from the demand for its products from data centers. This was evident through Cisco Systems, Inc. (NASDAQ:CSCO)’s fiscal Q4 revenue growing by 18% annually to $17.3 billion. However, the shares closed 8.4% lower on August 13th after it reported its earnings on August 12th. Cramer discussed the earnings and dismissed the market’s reaction:
“I know that Mythos, if you go and you read what Cisco’s quarter was about. They say you have to protect yourself from these things. I think by the way, just to recap Chuck Robbins and Cisco, I think his projections were lowballed, I think the stock should [inaudible] they have a cybersecurity element that’s pretty good. they also, you have to network between data centers. What an opportunity. I mean he comes in and he…
