Cisco Systems (CSCO) is one of three names that have reached a new high and sit in a buy zone. On Friday, Cisco stock hit a level not seen since May 2000. The company reports its fiscal fourth-quarter results Wednesday after the market close.

Monster Beverage (MNST) and Sony Group (SONY) each bolted higher and broke out of bases after positive earnings reports.

Cisco Stock Is In A Buy Zone

Cisco stock broke out of an early-stage flat base with a 69.78 buy point Thursday. Shares are in the 5% buy zone up to 73.27, according to MarketSurge pattern recognition.

Analysts expect its July-ended quarterly earnings to climb 12% following 8% and 9% growth in its previous two quarters, respectively. Cisco had posted four consecutive quarters of decline before that. Meanwhile, sales have improved, with forecasts seeing a 7% increase in the fiscal fourth quarter.

The company's fiscal 2025 profit is expected to rise 2%, then by 6% in 2026. Cisco makes network hardware including servers and networking security products, and sells data center storage equipment.

Monster Stock Breaks Out

Monster stock soared to a record high on Friday, after the energy drink maker topped second-quarter earnings and sales estimates. Shares broke out of a flat base with a 64.45 buy point in heavy volume and are in the buy zone up to 67.67. Monster stock also reclaimed its 10-week moving average.

Its second-quarter profit jumped 24%, following a flat quarter and a 7% increase. Sales climbed 11%, after dropping 2% in the prior quarter.

Full-year 2025 profit forecasts have recently been revised up to 17% growth, then to 13% expansion in 2026.

Lastly, Sony stock broke out of a double-bottom base with a 26.44 buy point and is in the buy zone up to 27.76.

The stock jumped after the Japanese electronics giant topped fiscal first-quarter earnings and raised its fiscal 2026 profit estimate. It noted strong earnings from its game business.

Sony now expects U.S. tariffs to reduce its operating profit by $475 million, a lower number than previously expected.

But the company is not out of the tariff woods yet. "First-quarter results were very good, but we are looking at second quarter and beyond cautiously and conservatively," Sony's Chief Financial Officer Lin Tao said.

Follow Kimberley Koenig for more stock market news on X, the platform formerly known as Twitter, @IBD_KKoenig.

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