Jim Cramer Says “Cisco’s Still Very Much Alive”

Cisco Systems, Inc. (NASDAQ:CSCO) is one of the stocks Jim Cramer was focused on. Cramer discussed the company in light of the dot-com bubble. He said:

“First, in the wake of these NVIDIA numbers, let me just give you the negative briefs, you know what I’m talking about, which is often expressed by younger people as reminiscent of the dot-com bubble… The worst losses came from the fiber optic companies that laid the track, that powered the internet… The third came from the phone companies. A huge number went bust… What didn’t go bust? Okay, Amazon, Cisco, Google, fortunately, hadn’t come public yet, so it didn’t get to go bust…cisco, valley, silicon, logo, network, switch, tech, provider, business, sign, symbol, infrastructure, hub, technology, computer, equipment, computing, bone, electronic,

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Cisco Systems, Inc. (NASDAQ:CSCO) develops networking, security, and collaboration technologies, providing solutions in routing, switching, wireless connectivity, cloud, and AI-driven analytics. On August 14, Cramer commented:

“Now, I’ve been paying close attention to this one because Cisco’s the newest holding for my Charitable Trust. We bought it late last month, and it had a quick 3% gain going into yesterday’s close. Today, though, we have a smaller gain, but even though the quarter wasn’t perfect, I think it was net positive…

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Disclosure: None. This article is originally published at Insider Monkey.

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