By Syeda Seirut Javed
Publication Date: 2026-05-13 14:28:00
Cisco Systems, Inc. (NASDAQ:CSCO) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher. Cramer had a mixed view on the stock, as he commented:
Now, Cisco reports this night, and I gotta tell you, its stock’s galloping like 1999. Cisco’s just moving like this because it’s one of only a handful of networking companies that are dominant in the data center; Arista and Ciena are the other two. My gut says you may be a little late to buy Cisco without a pullback because this has been a monster move. But my brain says the stock sells for just 23 times forward earnings, so it isn’t all that expensive. Nothing’s ever perfect with Cisco, though, so… please be careful. The future is bright for the data center part of the business. Let’s find out about the rest.
Photo by Artem Podrez on Pexels
Cisco Systems, Inc. (NASDAQ:CSCO) creates networking, security, and collaboration…