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Jim Cramer on Cisco: I Like Their Recurring Revenue

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer is fond of Cisco's recurring revenue, which now stands at 33% of their total revenue.
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TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer is fond of Cisco's (CSCO) - Get Cisco Systems, Inc. Report recurring revenue, which now stands at 33% of their total revenue.

The company is also repatriating $67 billion from overseas.

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