Cisco reported excellent results yesterday and announced a very strong outlook for the future. It also raised its full-year AI orders outlook from $5 billion to $9 billion. The stock reacted to these results and the positive outlook in after-hours trading with a 20% rise, which is very respectable. I don't own the shares myself, but I think Cisco is a quality company and I was surprised by how well they're doing.
Does anyone have shares of $CSCO in their portfolio?
I had..... I made some profit on it and sold the position. Now I’ll probably do a little swing trade after those results :)