By Syeda Seirut Javed
Publication Date: 2026-05-17 13:12:00
Cisco Systems, Inc. (NASDAQ:CSCO) was among Jim Cramer’s Mad Money stock calls as he urged investors to exercise caution when it comes to red-hot AI stocks. Discussing Cerebras’s IPO, Cramer said:
It took away from the extraordinary performance of Chuck Robbins at Cisco, showed an incredible acceleration, both sales and earnings. Cisco was the largest company in the world at the peak of 2000. It was selling to all the big customers at the time, the companies that were building out the internet with massive amounts of fiber. A lot of it never got lit. A lot of the customers didn’t have enough money to pay. Again, investors lost fortunes with Cisco back then. This time, Cisco deserved the run. Today’s 13% rally was completely justified and then some. It wasn’t a mania. It wasn’t fanciful.
Photo by Yiorgos Ntrahas on Unsplash
Cisco Systems, Inc. (NASDAQ:CSCO) creates networking, security, and collaboration tools that help organizations stay connected and…
