Rochester,NY 8/6/2009 12:57:21 AM
Cisco Systems, Inc.CSCO- Cisco Continues to surpass the Market
Cisco Systems
Cisco Systems reports fiscal fourth quarter earnings after the close. As the world’s biggest networking equipment maker , it is an excellent gauge of overall IT spending. The company’s core switches and routers have been a road to riches for investors in ‘09; thus far this year its shares, recently upgraded by both Robert Baird and Credit Suisse, are outpacing even the torrid tech heavy
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Cisco stock has however lately lagged select peers as its core business matures. Thus a push into growth areas such as TelePresence and the server market, which will bring it into competition with former collaborator HP
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