Jun. 6 at 7:58 AM
$CSCO "The market was probably doing this:
Sell basket: “AI / tech / data centre beneficiaries”
and Cisco got thrown into that basket.
But Cisco’s risk profile is different from:
a chip company exposed to AI capex cycles,
a 50–100x earnings software name,
a company relying on future profits."
CSCO has a sticky business model, means every new business and network they gained they are the ones that will be maintaining, updating, peotecting and upgrading over next decade!
With oil next month delivery dropping, inflation will be down and this is the cash machine everyone will be buying.
