Been holding Cisco calls since the beginning of the year.
It's barely been touched by the current AI infrastructure narrative. Since November 2022 (release of chatGPT), it's been underperforming QQQ, even while other AI infrastructure related companies have been booming. Even if it were to just catch up to QQQ that's another 20% of upside.
AI is needs tons of data and produces tons of data and companies need a way to move all of this data around and who better to capitalize than the OG of Internet networking.
While I don't expect to see Cisco doubling in value like other companies have, I could easily see it touching $120, if they can get their AI story straight.
Disclaimer: don't follow me, but I'm not your parent and this isn't financial advice.
