15 Best Technology Stocks to Buy for the Long Term

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8. Cisco Systems, Inc. (NASDAQ:CSCO)

Cisco Systems, Inc. (NASDAQ:CSCO) is one of the Best Technology Stocks to Buy for the Long Term. On March 3, Cisco Systems, Inc. (NASDAQ:CSCO) presented at Morgan Stanley’s Technology, Media & Telecom 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 hyperscalers. Notably, this matched the prior year’s total in just 90 days. Moreover, advanced purchase commitments rose $1.8 billion to address supply chain pressures, including memory price increases.

Management noted that all regions including Americas, EMEA, and APJC posted double-digit growth, with public sector and enterprise verticals accelerating. Notably, the hardware segment surged over 20%, software and subscriptions exceeded 50% of revenue. Management noted that despite gross margin pressures, operating margins hit 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 approach double-digits by fiscal year-end.

Cisco Systems, Inc. (NASDAQ:CSCO) provides networking, cybersecurity, and video surveillance solutions. It enables secure communication, real-time monitoring, and advanced threat detection for enterprises and public safety, supporting robust private security and surveillance infrastructure worldwide.

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