Cisco Systems (CSCO) has projected an optimistic fourth-quarter revenue forecast, surpassing Wall Street estimates, as enterprise spending rebounds and supply chain constraints ease. This positive outlook...
Investors were focused on the company's lukewarm forecasts for this year's growth.
The networking giant has broadly underperformed the market over the past year.
Cisco, IBM, and HP are all sound year-end income investments.
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Marketbeat's most upgraded Stocks list is a who's who of tech names able to monetize AI today; they all report earnings soon and may catalyze their markets.
The networking giant faces tough near-term challenges.
The next few quarters will likely see lower revenue than originally expected.