How to Approach Trading CSCO Stock After 9.4% Year to Date Decline
Cisco Systems (CSCO) shares have seen a 9.4% decline year to date, performing below the Zacks Index. The computer technology sector’s profitability is at 29.5%. CSCO is facing challenges due to slow network sales, particularly from telecom and cable service providers, along with tough competition. Excessive customer inventory has also hindered growth. In the third … Read more