Cisco Stock (CSCO.US): Live Price Chart

Cisco Systems (CSCO.US) was founded in 1984 by Leonard Bosack and Sandy Lerner. It is a global technology leader in networking solutions. With a current market cap of $225.11 billion as of August 25, 2023, Cisco designs, manufactures, and sells networking hardware, software, and services. Its innovations have played a crucial role in shaping the Internet and communication industry.

Its products enable data connectivity, security, and collaboration, empowering businesses and individuals worldwide. In 1990, the company went public, becoming a prominent name in the tech sector. Over the years, it has maintained its position as a key player in networking technology, driving advancements in networking infrastructure, cloud solutions, cybersecurity, and more.

Cisco Systems experienced a range of price fluctuations within the past five years. The lowest stock price it reached was $32.40 in March 2020, which coincided with the COVID-19 global pandemic. This was the time when many companies had a sharp drop in their share prices. On the other side, the company reached its highest stock price of $64.29 in December 2021, showing a substantial increase of more than 50% from its lowest.

Traders could consider various trading strategies, for instance, day trading involves making many short-term trades during a day and relying strongly on market trends while swing trading identifies the medium-term trends and looks to capture the price swing. Other strategies include copy trading, position trading and scalping trading. Each trading strategy has its own advantages and disadvantages. Also, various tools and indicators such as candlestick patterns, line charts, etc. could be used by traders to help analyse the stock.

Before trading Cisco Systems stock, it’s important to consider that there are other competitors in the market that are worth exploring. They include:

• Juniper Networks (JNPR.US): Founded in 1996 by Pradeep Sindhu, Juniper Networks is a technology company specializing in networking hardware, software, and services. With a focus on high-performance networking solutions, Juniper serves telecommunications, data center, cloud computing, and enterprise markets. Its products include routers, switches, and security solutions designed to optimize network performance, reliability, and security.
• Hewlett Packard (HPQ.US): Founded in 1939 by Bill Hewlett and Dave Packard, Hewlett Packard (HP) is a multinational information technology company. Originally known for its hardware products, HP has evolved into a diversified tech company offering a wide range of products and services, including personal computers, printers, enterprise solutions, and software.