Cisco Is Doing OK, But This May Be the Better Networking Stock Right Now
Cisco Systems (NASDAQ: CSCO) is still the king of the networking market. It sells more routers and switches than any other company.
For a company that's the most-tenured market leader, though, it's strangely struggling. Smaller competitors are slowly chipping away at its share of the ethernet switch market; it's not exactly crushing its router competition, either. If you're specifically looking for growth from this often-overlooked technology area, there's a better bet: Arista Networks (NYSE: ANET).
While losing market share is a legitimate concern, gaining market share doesn't inherently translate into profit growth. Plenty of companies are booking ever-bigger losses as their revenue improves. In the well-established networking market, though, shifting market share means something.
Source Fool.com
Cisco Systems Inc. Stock
With 11 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 56 € shows a positive potential of 25.53% compared to the current price of 44.61 € for Cisco Systems Inc..
