Cisco’s Stock Price (CSCO) Threatens Breakout 2025 as $60 Looms
Cisco’s stock (NASDAQ: CSCO) has been one to lean on for lessons in times of overexcitement, as a rebuild that stems back to the dot-com boom continues to take effect. With the $60 level again on the radar, and CSCO threatening a breakout into territory not seen in two decades, there may be reason to believe the narrative could be different this time around.
A look at the long term Cisco chart below tells the story better than words can in many ways, with the current trajectory indicating a breakout could be on the cards with a hold on strength above $60.
The company is a global leader in networking technology, and is now making significant strides in entering the AI sector. This move comes as part of a strategic collaboration with…
