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Cisco Hits 52-Week High: Should You Still Buy the CSCO Stock?
Cisco (CSCO) recently hit a 52-week high, with its shares jumping over 61% in the past year, driven by a strong focus on AI. Despite facing stiff competition from Hewlett Packard Enterprise, Broadcom, and Arista Networks, Cisco’s expanding networking portfolio and AI infrastructure prospects are expected to fuel future growth. The company provides positive guidance for fiscal years 2026 and carries a Zacks Rank #2 (Buy).