It’s Time to Give Cisco Stock a Second Chance After the Plunge
By Editor - Sun Oct 18, 3:12 am
Cisco Systems (NASDAQ:CSCO) shareholders cannot get much of a break. After reporting quarterly results, Cisco stock fell from $48.00 to as low as $38.00 recently. Source: Ken Wolter / Shutterstock.com On top of that, it lost a patent infringement case that will cost $1.9 billion. Despite all the negativity around Cisco stock, why should investors consider this beat-up communications equipment supplier? Several pretty good reasons.InvestorPlace – Stock Market News, Stock Advice & Trading Tips Cisco Stock on Sale Cisco is a global firm that works in many facets of the networking market. It sells switches, routers, and data center products. Last year, Cisco shares traded at multi-year highs near $60.
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