Cisco Systems: Wait For A Correction
By Osman Gulseven:Incorporated in 1984, San Jose, California-headquartered Cisco Systems (CSCO) has gradually come to be one of the top networking companies in the world. Cisco has a wide expertise in almost all forms of personal and business communications systems, including the cutting-edge video conference technology. The company is a truly global technology giant with customers around the globe.Cisco's total revenues amounted to $44.84 billion in the last 12 months. The company was able to generate a net income of $7 billion in the same period. While Cisco has been a big disappointment for the long-term holders, it outperformed the broad market indices in the last 12 months.As of the time of writing, Cisco stock was trading at $21.30 with a 52-week range of $13.30-$21.30. It has a market cap of $114.13 billion. Trailing twelve month [ttm] P/E ratio is 16.55, and forward P/E ratio is 10.65. P/B, P/S, andComplete Story »
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