Is CSCO a good stock to buy? We came across a bullish thesis on Cisco Systems, Inc. on Astute Optics – US’s Substack. In this article, we will summarize the bulls’ thesis on CSCO. Cisco Systems, Inc.’s share was trading at $102 as of November 12th. CSCO’s trailing and forward P/E were 31 and 19 respectively according to Yahoo Finance.
This isn’t the first time we see a networking company pitched as a great investment. CSCO shares gained 30.2% over the last 12 months. Comparable...
