Tom Lee says now is a good time to buy tech stocks, calling the drop a normal adjustment and predicting a $30 trillion boost in infrastructure.

Oct 23, 2026, 8:47 AM ETOpinionRead the original at Benzinga

Neutral

The story compares Cisco's 1997 share drop with its later recovery, but says nothing new about its business today. That past example and broad praise for technology shares do not change the view of Cisco.

CSCO · Cisco Systems Inc.

AI read · Neutral

The AI's read

A past rise after a 1997 drop does not show what Cisco's business is doing now. Lee's wider comments favor technology shares, but name no current change in Cisco's sales, profits, or orders. So this story does not change the view of Cisco.

Get alerts for CSCO

Follow Cisco Systems Inc. (CSCO) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for CSCO

Free on the App Store and Google Play, or on the web.