Kevin O’Leary’s Stock Portfolio: 15 Stock Picks for 2025

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9. Cisco Systems Inc. (NASDAQ:CSCO)

Number of Hedge Fund Holders: 60

Cisco Systems Inc. (NASDAQ:CSCO) is a renowned technology company involved in networking and IT solutions, leveraging AI to optimize network performance, enhance security, and automate IT operations. The company is known for designing and selling networking hardware, software, and telecommunications equipment. In addition, Cisco provides servers, hyperconverged infrastructure, and Software-as-a-Service (SaaS)-based cloud management tools for data centers.

The company reported strong earnings in fiscal Q1 2025, with revenues of $13.8 billion. Although this was a decrease from the previous year, it still surpassed analysts’ expectations by $70.5 million. Moreover, the company reported a net income of $2.7 billion for the quarter and maintained its strong financial position.

According to Citi analysts, Cisco Systems Inc. (NASDAQ:CSCO) is expected to benefit from improved market dynamics for campus-based hardware that connects end-user devices. In a note to clients on January 17, Citi stated that demand for so-called campus switches, which account for roughly a fifth of Cisco’s sales, is expected to resume growth in Q4 2024.

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