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Cisco Returns To Dot-Com Highs [Seeking Alpha]
Last general electric company earnings: 4/30 04:02 pm
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US:NYSE Investor Relations: ge.com/investor-relations/overview
Back in September, General Electric finally eclipsed its August 28, 2000 high of $287.17. Microsoft has rallied over 700% since its late 1999 high, although it had been in the red versus that peak up until October 2016. raisbeckfoto/iStock Unreleased via Getty Images At yesterday's close, something happened that hasn't in over a quarter of a century: Cisco ( CSCO ) closed at a record high. As shown below, the stock's dot-com era peak of $80.06 had stood in place for This article was written by Quick Insights CSCO's close at a record high marks the first time in over 25 years it has surpassed its dot-com era peak, signaling renewed investor confidence. CSCO's market cap is $317 billion, well below its 2000 peak of $550 billion, reflecting a more modest valuation despite the price recovery. GE's market cap remains hundreds of billions below its 2000 level due to significant restructurings and divestitures, transforming it from a conglomerate to primarily an aerospace bu
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