Cisco Systems Stock Climbs 11% On A 7-Day Winning Streak
Shares of Cisco Systems (CSCO) have closed higher in each of the last 7 sessions, a cumulative gain of 11.0%. That added about $46.0 billion to the company’s market value, which now stands at about $465.9 billion. The stock closed at $117.94 on Tuesday, October 6, 8.6% below its 52-week high of $129.02 and 78.1% above its low of $66.23.
The Streak Next To The S&P 500
Returns for CSCO and the S&P 500 over the streak and the periods around it, all ending Tuesday, October 6 and including dividends:
| Return Period | CSCO | S&P 500 |
|---|---|---|
| 1 Day | 4.5% | 0.6% |
| 7 Days (Current Streak) | 11.0% | 1.0% |
| 1 Month (21 Trading Days) | 8.4% | 1.4% |
| 3 Months (63 Trading Days) | 4.0% | 4.8% |
| Year To Date | 55.9% | 15.2% |
| 1 Year (252 Trading Days) | 76.9% | 17.8% |
Is This Move About Cisco Systems Or The Market?
The market explains little of this: the S&P 500 gained 1.0% over the same 7 sessions, including dividends, against Cisco Systems’ +11.0%. 3 other S&P 500 stocks are currently on winning streaks of 7 days or longer. Over the past three months the stock is up 4.0%, a window that includes the streak; over the other 56 sessions of that window it was down 6.3%.
Do The Fundamentals Support The Run?
On the fundamentals, revenue grew 11.8% over the last twelve months, against a median of 17.9% for S&P 500 Information Technology stocks; its operating margin is 25.4%, versus a median of 21.7%; and the stock trades at 35.1 times trailing earnings against a median of 36.6. The read is mixed: margins above the median and a multiple below the median on one side, revenue growth below the median on the other.
If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.
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Streaks End. Discipline Compounds
A run like this is genuinely useful information: something about this business has the market’s full attention. But streaks are where discipline gets tested, because the urge to chase strength is strongest right before it pauses.
The Trefis High Quality (HQ) Portfolio channels that urge into a system: roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules rather than excitement. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Enjoy the streak; own the process.