Cisco Systems (CSCO) is long from $35.92. It is trading at $56.10 as of this writing.
Cisco earnings were better than the consensus and the whisper numbers. Stocks move based on the difference between the whisper numbers and the reality.
Tariffs
The stock is up $3.67. Only about $1 can be justified based on earnings. There was fear that the company would be adversely impacted by tariffs. The stock is spiking higher because the company states tariffs are already baked into the guidance.
Dividend
Of note is that the stock pays a dividend of 2.50%.