If you are wondering whether Cisco Systems’ current share price lines up with its underlying worth, you are not alone. Many investors are asking the same question right now.
Cisco’s stock has recently closed at US$81.16, with returns of 2.8% over the last 7 days, 7.4% over 30 days, 6.7% year to date, 32.9% over 1 year, 88.2% over 3 years and 98.6% over 5 years, which naturally raises questions about what is already priced in.
Recent headlines around Cisco have focused on its role as a major networking and security vendor in a market that continues to rely heavily on data traffic and connectivity. At the same time, ongoing discussion about large technology companies’ positioning in areas like cloud infrastructure and cybersecurity helps…