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Cisco: Cash Cow with sustainable growth
Cisco pointed out that interest in expanding the capacities of on-premise data centers not only remains strong but is even heightened by the rapid transition to AI-driven workloads.
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The Nasdaq Composite took 15 years to recover after the collapse of the dot-com bubble, and now one of the hardest-hit technology companies could finally surpass its peak from the year 2000. We are talking about Cisco. The company's shares have increased by 11% this year, fueled by strong earnings and the hope that the company can earn significant profits through AI. J.P. Morgan also considers the stock to be promising and recently reaffirmed its Overweight rating. For a long time, enthusiasm for AI has primarily focused on cloud and data centers,...
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