Cisco Systems, Inc. attract interest from investors


Cisco Systems, Inc. (NASDAQ-CSCO) has recently become very attractive to both private investors and multinational investment corporations due to the company’s outlook for 2019. Speaking to the media, the company said that this year it is investing in the development of artificial intelligence (AI) and virtual reality (VR). At the same time, due to IT developments, there will be changes in requirements that will force businesses to digitize and speed up the deployment of new technologies.

Cisco Systems, Inc. has introduced six trends for 2019 and 2020 that will change the world and the face of modern companies. According to 2019 predictions they are expected to focus on improving data usage, optimilization and management of multicloud environment as well as infrastructure security. All these facts attracted investors and increased their interest in Cisco Systems, Inc. (NASDAQ-CSCO) shares. On February 15, 2010 the price was set at US$49.43 per share, with a one-day price rise of + 2.13%.

Cisco Systems, Inc. (NASDAQ-CSCO) is the worldwide leader in IT. The company manufactures and develops Ethernet and ATM switches, routers, VoIP gateways and IP phones. It also develops, manufactures and sells network hardware, telecommunication equipment and other high-tech services and products through its subsidiaries, such as: OpenDNS, WebEx, Jasper. Cisco Systems, Inc. (NASDAQ-CSCO) specializes in domain security and energy management. The company was founded in December 1984 by a group of scientists from Stanford University, based in San Jose, California, USA. The Chief Executive Officer is Chuck Robbins. The company currently has 72,790 core workers.

Cisco Systems, Inc. (NASDAQ-CSCO) also announced that this year we are likely to witness a “revolution” in digitization and faster deployment of new technologies. Cisco reports that the development of AI has progressed considerably in recent years. CEO of Cisco Systems, Inc., Chuck Robbins told the media that the company is currently trying to focus more on providing network software, but also to increase the share of subscription revenue. Cisco Systems, Inc. (NASDAQ-CSCO) is currently the fastest growing company in the computer security sector, and has reached a total turnover of US$49.9 billion for the fiscal year 2018, with a year-on-year increase of + 3%. The company’s operating profit was US$13.7 billion. After deducting all costs, the company earned a net profit of US$12.7 billion. Its total assets are worth US$129.818 billion and equity capital is worth US$66.137 billion.

Cisco Systems, Inc. (NASDAQ-CSCO) also regularly pays its shareholders an attractive quarterly paid dividend. The dividend yield is currently 2.83% p.a. and the dividend amount was approved by the General Meeting of the Company at US$1.40 per share. According to analysts and financial strategists a rise in the share price is to be expected in the short-term investment horizon and the average target price was set at US$51.88 per share.



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