Better Buy: Cisco Systems, Inc. vs. General Electric
Both Cisco (NASDAQ: CSCO) and industrial giant GE (NYSE: GE) are in the midst of sweeping transformations. In Cisco's case, CEO Chuck Robbins is focused on paring overhead as it transitions away from legacy switches and routers to cloud Infrastructure as a Service (IaaS) and software sales to drive recurring revenue.
GE's many changes include tackling new markets such as the industrial Internet of Things (IoT). The transition GE is undergoing also includes a host of internal changes with new CEO John Flannery and pending CFO Jamie Miller, among others in an attempt to get back on track.
Image source: Getty Images.
Source: Fool.com
General Electric Co. Stock
€148.00
0.000%
With 35 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 162 € there is a slightly positive potential of 9.46% for General Electric Co. compared to the current price of 148.0 €.
