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You Wouldn't Believe the Size of Cisco's Cybersecurity Unit


You Wouldn't Believe the Size of Cisco's Cybersecurity Unit

Networking giant Cisco (NASDAQ: CSCO) is best known as one of the world's top manufacturers of routers and switches. Since both are slow-growth businesses in commoditized markets, Cisco is generally considered a "mature" tech stock with limited growth potential.

However, some investors overlook the fact that Cisco's fastest-growing business is actually cybersecurity. Let's discuss how big Cisco's cybersecurity business is, and why it represents a major threat to its smaller industry rivals.

Image source: Cisco.

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Source: Fool.com

Cisco Systems Inc. Stock

€44.11
1.060%
There is an upward development for Cisco Systems Inc. compared to yesterday, with an increase of €0.46 (1.060%).
With 12 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 56 € shows a positive potential of 26.97% compared to the current price of 44.11 € for Cisco Systems Inc..
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