TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Cisco (CSCO) is doing well in its transition. "Gross margins holding up, cash flow is really good," Cramer noted. "The problem is the optics - you still see the revenue numbers down."

 

Watch all of Jim Cramer's latest videos, right here:

More from Video

Oracle Taking a 'Holistic' Approach to the Cloud

Oracle Taking a 'Holistic' Approach to the Cloud

Davos 2019: Salesforce Co-CEO Reveals What Keeps him Up at Night

Davos 2019: Salesforce Co-CEO Reveals What Keeps him Up at Night

Market Movers: January FOMC Meeting

Market Movers: January FOMC Meeting

3 Things to Know at Market Close: 2019 IPO's, IBM Earnings, and Oil

3 Things to Know at Market Close: 2019 IPO's, IBM Earnings, and Oil

TD Ameritrade CEO Breaks Down Earnings and 2019 Outlook

TD Ameritrade CEO Breaks Down Earnings and 2019 Outlook