
NASDAQ:CSCO
This summary was created by AI, based on 16 opinions in the last 12 months.
Cisco (CSCO-Q) has shown notable performance this year, with a significant 62% increase, capturing attention for its dominance in the data center space. The company recently reported earnings of 1.06 USD per share, beating estimates, and revenue also surpassing projections. Despite its upward trajectory, experts suggest that concerns about high expectations for future earnings growth exist. Analysts highlight the company's strategic acquisition of Splunk, which enhances its security business and revenue potential. Overall, while some experts are optimistic about Cisco's future, a few recommend waiting for a pullback before making further investments.
CSCO vs. ZM Zoom is one of the most expensive stocks at price to revenue, so this is a red flag. Gives him pause. How much future success is already built into the price? An alternative is Cisco, with their add-on to access what Zoom does. CSCO is stable, with a reasonable valuation. Companies eventually will need to invest in switching and routers, and this will come straight Cisco's way.
(A Top Pick Aug 22/19, Down 10%) Their product that competes with Zoom has done well. The rest of the business is shaky. It's a timing issue. Well positioned for the next 10 years. Not expensive. He'd be a buyer and a holder.
Recent earnings beat, but the market didn't like it. COVID is hurting them. Their business is focus on on-premise tech while peers are the cloud operators. Cisco is migrating to the cloud late. 14x earnings with a nice dividend, which is enticing, but can they make their growth rate? The risk-reward isn't here. This could turn into an IBM and could take years to turn this ship around. This could be a value trap.