You Wouldn't Believe the Size of Cisco's Cybersecurity Unit
Networking giant Cisco (NASDAQ: CSCO) is best known as one of the world's top manufacturers of routers and switches. Since both are slow-growth businesses in commoditized markets, Cisco is generally considered a "mature" tech stock with limited growth potential.
However, some investors overlook the fact that Cisco's fastest-growing business is actually cybersecurity. Let's discuss how big Cisco's cybersecurity business is, and why it represents a major threat to its smaller industry rivals.
Image source: Cisco.
Source: Fool.com
Cisco Systems Inc. Stock
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