Cisco Returns To Dot-Com Highs

Bespoke Investment Group48.31K FollowersFollow5ShareSavePlay(3min)CommentsSummaryCisco closed at a record high. As shown below, the stock's dot-com era peak of $80.06 had stood in place for more than 25 years.Back in September, General Electric finally eclipsed its August 28, 2000 high of $287.17.Microsoft has rallied over 700% since its late 1999 high, although it had been in the red versus that peak up until October 2016. raisbeckfoto/iStock Unreleased via Getty Images At yesterday's close, something happened that hasn't in over a quarter of a century: Cisco (CSCO) closed at a record high. As shown below, the stock's dot-com era peak of $80.06 had stood in place forThis article was written byBespoke Investment Group48.31K FollowersFollowBespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (https://bespokepremium.com/) subscription service and also manages money (https://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (https://bespokeinvest.com/)Quick InsightsWhat is the significance of CSCO closing at a record high?CSCO's close at a record high marks the first time in over 25 years it has surpassed its dot-com era peak, signaling renewed investor confidence.How does CSCO's current valuation compare to its 2000 peak?CSCO's market cap is $317 billion, well below its 2000 peak of $550 billion, reflecting a more modest valuation despite the price recovery.What structural changes have impacted GE's valuation since 2000?GE's market cap remains hundreds of billions below its 2000 level due to significant restructurings and divestitures, transforming it from a conglomerate to primarily an aerospace business.Recommended For You