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Barchart
Barchart
Neha Panjwani

Is Cisco Stock Underperforming the Nasdaq?

San Jose, California-based Cisco Systems, Inc. (CSCO) designs, manufactures and sells Internet Protocol-based networking and other products related to the communications and information technology industry. With a market cap of $195.4 billion, the company offers enterprise network security, software development, data collaboration, cloud computing, and other related services. 

Companies worth $10 billion or more are generally described as “large-cap stocks,” and Cisco effortlessly fits that bill, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the communication equipment industry. Cisco stands as a titan in the networking industry, bolstered by its formidable market share and brand reputation. 

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