Top 15 Tech Stocks in Billionaire Ken Fisher’s Portfolio

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

Number of Hedge Fund Holders: 77

Fisher Asset Management Equity Stake: $1.34 Billion

Cisco Systems, Inc. (NASDAQ:CSCO) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 13, Cisco Systems Inc. (NASDAQ:CSCO) delivered solid third-quarter fiscal 2026 results that affirmed the relevance of its technology for connecting and securing artificial intelligence. The company delivered double-digit growth on both the top and bottom lines at the high end of the guidance.

Revenue reached a record high of $15.8 billion, up 12% year over year, driven by strong demand for broad-based products. Product revenue was up 17%, helping offset a 1% decline in service revenue. Americas remained the company’s biggest market, accounting for 14% of the growth. Amid robust revenue growth, net income on a non-GAAP basis was up 10% to $4.2 billion, as earnings per share also increased 10% to $1.06.

The robust earnings and revenue increase came as Campus networking orders increased 25% as data center switching orders grew by 40%. The strong results, driven by great execution and financial discipline, also enabled the company to deliver shareholder value while pursuing significant opportunities.

“Cisco is well-positioned as the critical infrastructure for the AI era, building on our technology leadership and customer trust, while innovating at the speed and scale that our dynamic world demands,” said Chuck Robbins, chair and CEO of Cisco.

Cisco Systems, Inc. (NASDAQ:CSCO) is a global technology leader specializing in networking hardware, software, and cybersecurity services that form the backbone of modern digital infrastructure. It is heavily accelerating its focus on AI infrastructure, secure cloud connectivity, and “building the internet” for the AI era.