Jim Cramer Said Quantum Computing Could Quench AI’s Thirst For Water As He Discussed These 14 Stocks 

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

Number of Hedge Fund Holders In Q1 2025: 82

Cisco Systems, Inc. (NASDAQ:CSCO) is a networking equipment and cybersecurity company whose shares have gained 13% year-to-date. However, the stock fell by 7% last week after an analyst downgrade and the firm’s fourth quarter earnings report.  The results saw Cisco Systems, Inc. (NASDAQ:CSCO) modestly beat analyst estimates, which didn’t generate optimism about AI growth. To make matters worse for the stock, HSBC cut the stock’s rating to Hold from Buy. Cramer revealed that his trust owns Cisco Systems, Inc. (NASDAQ:CSCO):

“My charitable trust owns that, it’s Chuck Robbins, I mean, you know, where is the multiple. . .”

Here are his previous comments about Cisco Systems, Inc. (NASDAQ:CSCO):

“People just think that it’s the same old Cisco. Like they didn’t buy Splunk. Splunk gave them visibility, it gave them some really, really good cyber defense works. But it gave them contacts. And Splunk was everywhere. And I don’t think people realize how embedded Splunk was. Now you’ve got a company that could have an Oracle-like revaluation. And the Oracle-like revaluation is stunning.”