Cisco Systems: Surprisingly Resilient


  • Cisco Systems has actually hiked the 2023 guidance following its first quarter results.
  • The hike is minimal, but the direction of travel is encouraging.
  • It seems that Cisco is too large to escape softening trends, as overall valuations look quite reasonable, certainly on potential dips.

Cisco Systems San Jose Calfornia


Late in 2021, I concluded that it was more of the same for Cisco Systems (NASDAQ:CSCO), as the company was continuing to pursue bolt-on deals in order to deliver on minimal revenue growth.

With (organic) revenue growth trailing the market, that was

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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