Cisco Having Cramer’s Blessing should say it all…enjoy!
https://finance.yahoo.com/news/jim-cramer-cisco-company-heart-153450841.html
15 replies (most recent on top)
It's been known for years Cramer's for sale. Usually, the thing to do is the exact opposite of his recommendations.
...only took like 25+ years to get the stock back to last high...
Except Cisco's market cap is about a quarter trillion lower than its peak in 2000, not adjusting for inflation. Adjusting for inflation it's about three quarters of a trillion below its peak, which to close that gap would require a stock price around $267 today. Ignoring all the stock buy backs which is why the stock price looks better relative to its market cap, inflation adjusting the 2000 $82 intraday peak would be almost $158.
Cisco has severely under performed the markets for the past quarter century. It's still saddled by four broken routing and switching operating systems. How does it get from basic plumbing to inventing whole new technologies and having the technical, managerial and marketing chops to starve out the existing leaders in AI so they can't overtake Cisco in those new areas?
I like what you all are smoking.... That Cali weed goes great with extreme pontification. It's the same story over and over... Most of you weren't around for the dot.com bubble burst, only took like 25+ years to get the stock back to last high... Get it, high?
Great, just what we need. You do realize that Cramer said Bear Stearns was financially solid just before they imploded, right? $80/share was nice while it lasted. Cramer’s endorsement is the kiss of death.
Chuck has a place in its heart for questionable figures like Jim Cramer. Like that “analyst“ Zeus Kerravala, and of course the ELT
Even CNBC distances themselves.
All opinions expressed by Jim Cramer on this website and on the show are solely Cramer’s opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL or their parent company or affiliates, and may have been previously disseminated by Cramer on television, radio, internet or another medium. You should not treat any opinion expressed by Cramer as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Cramer’s opinions are based upon information he considers reliable, but neither CNBC nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such.
Cramer keeps 50% of his assets in cash
@bk G2 would be proud of you for using AI for the post.
@OP you know if Cramer endorses Cisco the company is doomed, right?
Cramer is full of it. Cisco is not at the heart of anything let alone AI. What a joke!
Spinsored comments are largely common
financial advisors and market observers view his show primarily as a form of financial entertainment rather than a consistent roadmap for building long-term wealth.
There is an inverse-Cramer index for a reason. 😂
@bk Cramer is 100% a clown show talking head. The fact that we spend any time with him is damning.
Independent studies and academic analyses show that Jim Cramer's long-term stock picks generally underperform the broader market, such as the S&P 500, when adjusted for risk and including dividends. His stock picks can experience a short-term "pop" in price, but these gains often reverse within a month.