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$10 Billion China Investment Is Just What Cisco Systems Inc. (Nasdaq: CSCO) Stock Needs
Cisco Systems Inc. (Nasdaq: CSCO) stock isn't roaring ahead on an announcement that the network giant would pour $10 billion into a Chinese expansion initiative.
But this is still good news for a company whose biggest challenge is defending its already remarkable market share.
Here's why this move solidified CSCO stock's role as a great foundational play...
Cisco Systems Inc. (Nasdaq: CSCO) stock isn't roaring ahead on an announcement that the network giant would pour $10 billion into a Chinese expansion initiative.
But this is still good news for a company whose biggest challenge is defending its already remarkable market share.
Here's why this move solidified CSCO stock's role as a great foundational play...