Cisco (CSCO)'s A "Cheap, Inexpensive Data Center Play," Says Jim Cramer

We recently published 8 Stocks Jim Cramer Discussed & Mentioned An Important Quantum Computing Development. Cisco Systems Inc. (NASDAQ:CSCO) is one of the stocks Jim Cramer discussed.

Cisco Systems Inc. (NASDAQ:CSCO) also reported earnings the day this show was aired. Ahead of the release, Cramer had asserted that the stock was cheap and its valuation was dissimilar to the trends in the year 2000. The earnings saw Cisco Systems Inc. (NASDAQ:CSCO)’s revenue and EPS beat analyst estimates. During the show, Cramer interviewed CEO Chuck Robbins and made the following comments before and after his interview:

“A feel good story. Shares of Cisco are rallying after an AI-fueled beat and raise and another quarter of double digit order growth. This was a super quarter and it made me feel like, don’t give up this shift. . .Chuck, I’m going to go right into it, congratulations, this was a monster quarter.

“[After the interview] Well played, Chuck Robbins. The chairman and CEO of Cisco. I love it when you come on both in good and bad times, and boy is this a great one. . .now I’ve got to tell you Carl, you want a cheap, inexpensive data center play? We just talked to one.”

While we acknowledge the potential of CSCO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.