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Cisco Systems

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Cisco Systems is the leading provider of IP-based networking and other products. The company’s fiscal fourth-quarter earnings were above the Zacks Consensus Estimate. We are positive about the company’s market position, innovative prowess, product range, growth initiatives, new investments and dividend payout. Additionally, overall growth prospects remain positive because of the drive toward cloud computing and increasing data flow on carrier and computing networks. The recent acquisition of CloudLock will help Cisco to broaden its efforts and meet the changing compliance and security needs. However, the increasing competition and challenges in China remain concerns.

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