How Cisco Systems, Inc. Gained 11% in February
Shares of #Cisco Systems (NASDAQ:CSCO) rose 11.3% in February 2017, according to data from S&P Global Market Intelligence. So what The big surge fell near the middle of the month, when Cisco reported solid second-quarter results with a side of optimistic forward guidance targets. If that weren’t enough, the networking equipment veteran also boosted its quarterly dividend payout by 12% and retired $1 billion of its shares. Cisco investors can now look back at a market-beating 25% return over the last 52 weeks.