2024-01-30 17:11:52 ET
Summary
- The narrative around Cisco Systems, Inc. has worsened following the most recent earnings release, and this is likely justified in the short term.
- There are risks involved with the company's recently announced acquisitions, but the business is on a long path towards transformation.
- While most investors remain focused on the short-term revenue growth, Cisco is improving its profitability profile.
- Cisco stock remains attractively priced as a long-term investment opportunity.
The sentiment around Cisco Systems, Inc. (CSCO) has been on a slow and steady decline in recent years as the company is struggling to adapt to the new reality of cloud-based solutions....
Read the full article on Seeking Alpha
For further details see:
Cisco: Short-Term Volatility Expected, But Ignore The Current Narrative