Why Cisco's Recent Stock Rally Appears Overdone - News Summed Up

Why Cisco's Recent Stock Rally Appears Overdone


In this article we take a look at Cisco’s performance for the year and why the recent stock rally might be overdone. As shown below, Infrastructure Platforms revenues fell 4% y-o-y to just under $7 billion in the most recent quarter. This was in line with expectations, since routing, switching and enterprise WLAN revenues have shown limited growth in recent quarters. In recent quarters, market leader Cisco has demonstrated strength in the network security domain. As a result, network security revenues have continued growth spree in the most recent quarter as well.


Source: Forbes November 30, 2017 14:48 UTC



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