It's no secret that Cisco (CSCO) - Get Report would benefit from a Trump tax holiday. CFO Kelly Kramer said, "We have talked about tax reform for a very long time, and I can say that what's encouraging is with the incoming administration, this is one of their top priorities."
Cisco's CEO said investors would benefit via dividends and share buybacks.
But Cisco isn't waiting around for Trump to make his tax plans known. Last week, it announced it would buy AppDynamics. The price tag: $3.7 billion. The deal is expected to close in Cisco's fiscal 2017 third quarter.
This article was written by a staff member of TheStreet.