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Jim Cramer Praises Cisco's Turnaround Potential
5.9
TV host Jim Cramer and analyst Lang assessed Cisco Systems' recent performance, noting its late move into AI and a rally that accelerated in the second half of 2024. They said a December sell-off on high volume filled a November gap but now shows signs of bottoming, with Lang targeting a break above the 50-day moving average and potential upside to $80 then $100 from about $74.
Key Points
- 1Notes Cisco's late AI adoption and stock rally that accelerated in the second half of 2024
- 2Explains December high-volume sell-off filled November gap but Lang believes the decline has likely bottomed
- 3Recommends buying if Cisco breaks its 50-day moving average, targets $80 then $100 from roughly $74
Scoring Rationale
Actionable analyst trading view adds practical value, but single-source commentary and promotional tone limit credibility and depth.
Sources
Public references used for this report.
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