($CSCO) Cisco Systems – Bull of the Day
Cisco Systems (CSCO) is a leading provider of IP-based networking and other products. The company’s first quarter results were a significant improvement over prior quarters, with both revenue and earnings exceeding our expectations.
Of particular note is the growth in orders, which indicates continued business momentum. Improving operating performance, solid financials, a sound restructuring policy and new growth initiatives are the drivers behind our Outperform rating.
However, we caution investors about the increasing competition, market share losses, complicated decision-making process and integration risks.
Similar Posts: Cisco Systems | CSCO | Networking & Communication Devices | Technology
RSS feeds:
Cisco Systems | CSCO | Networking & Communication Devices | Technology |
Other Posts by vitalstocks | RSS Feed for this author