14-07-2018 05:23 via finance.yahoo.com

Cisco Systems Inc. Shows Boring Can Be Beautiful

Cisco Systems Inc. (NASDAQ:CSCO) stock has gone nowhere since its last disappointing earnings report in May, but in a rising market, hope springs eternal.Cisco Systems has been bringing in between $47-49 billion in revenue for several years now, bringing about one-fifth of that revenue to the net income line, and it had almost $54 billion in cash and short-term securities in the bank at the end of April.It has been using its cash to buy software companies like July Systems, leading to it being c
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