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Steve Burns, founder at New Trader University, highlights that Cisco stock climbed 12 percent amid robust orders for AI infrastructure, resulting in raised company guidance.
The surge in demand for AI-related infrastructure has driven the positive move in Cisco shares.
Burns has previously pointed to resources for navigating market trends. He recently recommended Jake's market research service for active insights during uptrends. In an earlier article, he also highlighted strategies for mastering trading psychology to improve stock market results.