Cisco Systems Inc. (NASDAQ: CSCO ) is one of them The best technology stocks to buy for the long term. On March 3, Cisco Systems Inc. (NASDAQ: CSCO) presented at the Morgan Stanley Technology, Media and Communications Conference. Management highlighted strong FQ2 2026 performance driven by global demand and strategic execution in AI infrastructure and security.
The company reported 18% growth in product orders, driven by $2.1 billion in new AI infrastructure orders from Hyperscale. Notably, this matched last year’s total in just 90 days. Additionally, advanced purchase commitments totaled $1.8 billion to address supply chain pressures, including memory price increases.
Management noted that all regions including the Americas, EMEA, and APJC posted double-digit growth, with the public sector and enterprise verticals accelerating. Notably, the hardware segment increased by more than 20%, software and subscriptions increased by more than 50% of revenue. Management noted that despite gross margin pressure, operating margin reached a four-quarter high. Looking ahead, Cisco views the campus refresh cycle as an early-stage, multi-year opportunity and expects organic security growth to reach double digits by the end of the fiscal year.
Cisco Systems (NASDAQ: CSCO ) provides networking, cybersecurity, and video surveillance solutions. It enables secure communications, real-time monitoring, and advanced threat detection for enterprises and public safety, supporting a robust private security and surveillance infrastructure worldwide.
While we acknowledge CSCO’s potential as an investment, we believe some AI stocks offer higher potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
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