Is Cisco Systems Stock Underperforming the S&P 500?

Valued at $191 billion by market cap, Cisco Systems, Inc. (CSCO) is a multinational technology conglomerate that develops, manufactures, and sells networking hardware, telecommunications equipment and other high-technology services and products. The California-based company caters to businesses, public institutions, governments, and service providers globally.

Companies valued at $10 billion or more are generally considered "large-cap" stocks, and Cisco Systems fits this criterion perfectly, boasting a market cap exceeding the mark. Cisco Systems pioneered the concept of a local area network (LAN) used to connect geographically disparate computers over a multiprotocol router system and is renowned for its comprehensive range of IP-based networking and communications technology, including its expanding presence in network security.