Is Cisco Systems Stock a Buy?
For the fourth consecutive quarter, Cisco Systems' (NASDAQ: CSCO) revenue declined year over year. And the midpoint of management's next-quarter revenue guidance range is leading again to a decreasing top line.
However, Cisco's stock price corresponds to modest expectations, and the tech giant is stabilizing its business as it is transitioning to a subscription-based and software-as-a-service (SaaS) portfolio. So is Cisco stock a buy?
During the fiscal first quarter, ending on Oct. 31, Cisco's revenue fell 9% year over year to $11.9 billion, which compares well to management's forecast drop of 9% to 11%. But that remains a meaningful decline.
Source Fool.com


