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When we discuss leading technology stocks, we typically talk about Facebook, Amazon, Netflix and Alphabet (Google), aka, FANG. These are the growth names of the present and future with products and services on the cutting edge of technology. While these stocks have been stellar performers in 2017 thus far, so have four old school technology stocks. In fact, these four stocks have been performing very nicely for a few years now.

4 old school technology stocks that are riding high

Microsoft, Intel, Cisco, and Oracle have been looking strong – and their future prospects look bright.

Make no mistake: these stocks have felt the pain of market cycles and suffered alongside everyone else. During the out-of-control dot.com days, they were all lifted to extremely high valuations, unsustainable by any stretch of the imagination. But back then the stock market was in a bubble. Nasdaq soared 80% in less than six months, much if it fueled by Microsoft, Intel, Cisco, and Dell.

Let’s take a look at where these four stocks are now.

Microsoft

Microsoft (MSFT) has transformed itself from the “one trick pony” of Windows to a service provider with an A list of clients. They have made the transition and necessary investments in the cloud and other services to put them in a competitive position. Microsoft is sitting at all time highs and is the third most valuable company behind Apple and Google.

Cisco Systems

The former market leader has been transitioning at a painfully slow rate, and while it is far off the all time highs, Cisco (CSCO) has positioned itself well for the future in a very competitive sector. The stock recently reached levels not seen since its 2000 decline.

Intel

Like Cisco, Intel (INTC) is also lagging behind but it has done a great job moving away from its core, the PC. Intel continues to dominate its space. It’s heavily investing in new technologies, making it very well positioned for the future.

Oracle

Lastly there is Oracle (ORCL), the database company that has stakes its claim in the cloud. The stock is not far from its all time highs. With a strong management team and vast resources, it could continue its remarkable rebound from the depths of the 2009 financial crisis (when the stock flirted with single digits!).

The bottom line

Yes, high-growth stocks drive the headlines, but let’s not forget about the old school technology stocks. They have proven willing to adapt to the times and have rewarded investors who are willing to be patient.