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Cisco Systems stock: Income investors buy the dip
CSCOCisco Systems(CSCO) MarketBeat·2024-02-16 12:01

Key PointsCisco Systems had a decent quarter and outperformed expectations, but guidance sapped market appetite. Cash flow is solid, with margin improving, providing ample funds to pay dividends and buy back shares. Analysts support this market and see it moving higher by year-end. 5 stocks we like better than Cisco SystemsCisco Systems NASDAQ: CSCO issued a decent FQ2 report but guided lower for Q3, leaving the market less than inspired. However cold the guide, someone is stepping into the buy the dip, and ...