Why Is Everyone Talking About Cisco Systems Stock?
Cisco Systems (NASDAQ: CSCO) is often considered a mature tech stock and is owned by many of its shareholders for stability and income instead of growth. Bucking that trend, the networking leader's stock price has rallied more than 40% over the past 12 months and outperformed both the S&P 500 and the Nasdaq Composite.
Cisco's stock also held steady after the company unveiled fresh goals for the next four years at its investor day on Sept. 15. Let's see why those plans might generate even more bullish buzz for Cisco.
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Source Fool.com
