We are halfway to earn with Cisco Systems Inc.
Investment idea: “3 reasons to buy Cisco Systems Inc. shares” retains potential for growth!
Despite the fact that the report of the company Cisco Systems Inc. turned out to be very positive, the shares slipped, showing a mixed trend over the course of the current month. The main driver to increase has become a bear market and increased risks, which can be easily seen on the NASDAQ index.
Fig. 1. NASDAQ Index Chart
At the same time, the very positive November report of Cisco Systems, the positive dynamics of profitability and the preservation of the bullish trend in stocks indicate that the potential for growth remains.
Fig. 2. CSCO shares chart. Current price – 44.00