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CSCO stock price

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$10 Billion China Investment Is Just What Cisco Systems Inc. (Nasdaq: CSCO) Stock Needs

By , Associate Editor, Money Morning • @JimBach22 -

csco stock

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...