Global Ideas: Update on Cisco Systems (Running +13%)

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On Wednesday evening, CSCO reported it's Q2 earnings, which saw it's shares gain in after hours trade. Since publishing our view on 07 January, and accounting for the after-hours gain, the share is higher by 13%.

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Previous Post (07 January): Global Ideas: Cisco Systems

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Cisco Systems, Inc engages in the design, manufacture, and sale of Internet Protocol based networking products and services related to the communications and information technology industry. The firm operates through the following geographical segments: the Americas, EMEA, and APJC. Its product comprises of the following categories: Switches, Routers, Wireless, Network Management Interfaces and Modules, Optical Networking, Access Points, Outdoor and Industrial Access Points, Next-Generation Firewalls, Advanced Malware Protection, VPN Security Clients, Email, and Web Security. The company was founded by Sandra Lerner and Leonard Bosack on December 10, 1984 and is headquartered in San Jose, CA.

Snapshot of Analyst Recommendations

Lester Davids

Analyst: Unum Capital