Cramer Quick Take: Cisco Wins If Fiscal Cliff Is Resolved
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NEW YORK (
) -- What stocks should investors be buying when the fiscal cliff issues are resolved? Jim Cramer told Lindsey Bell at
TheStreet.com
Monday that he'd consider
Cisco
(CSCO) - Get Report
after the company made yet another smart acquisition in the cloud space and delivered great earnings.
Cramer said shares of Cisco should have been up more when the company reported earnings, but reactions were muted due to events in Washington.
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When you look closely at Cisco's earnings, the company is simply taking share from rivals
Hewlett-Packard
(HPQ) - Get Report
and
Juniper Networks
(JNPR) - Get Report
. When the fiscal cliff problems get solved, Cramer said, there should be more enterprise and government spending to go around.
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-- Written by Scott Rutt in Washington
.
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