Cisco stock price market breadth in tech lifted Cisco

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Market breadth in tech lifted Cisco stock price to $49.25 intraday. Trend followers cite moving average crossovers as a confirmation signal of incremental bullish momentum. For a strong dividend payer, the fund also hasn't performed too badly from a price appreciation perspective, and is up close to 50% over the last five years. Now, that's not nearly as good as the broader benchmark S&P 500 , which has more than doubled over the past five years, but it's largely been a bull market. Shares repurchased for tax withholdings on vesting of restricted stock units Cisco stock price hovered at $49.10 intraday, driven by optimism over demand in data center and security products. Trading volumes remain above the 20-day average, hinting at increased investor interest in the stock’s medium-term potential.

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