Skip to main content

Why Jim Cramer Is Concerned About Cisco's Quarter

Publish date:
Video Duration:

Cisco (CSCO) reports earnings after the bell Wednesday.

Jim Cramer said that Jayshree Ullal, CEO of Arista Networks, noted that "there was a pause and some spending and that should impact Cisco."

"After topping out at $57.82 in July, Cisco's share price is almost $10 a share below that mark now, off more than 16%. Bulls will be looking for the company to get back on track after it reports its fiscal first-quarter earnings after the closing bell Wednesday," wrote TheStreet's Bret Kenwell. "From a fundamental perspective, there's a lot to like about the company. Growth is decent, the dividend is healthy and as some have noted here on TheStreet, its valuation is too low to ignore," he continued. 

Watch the full video for Cramer's take on Cisco. 

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM

Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud

Catch Up: Today's Top News Videos Below

Related Videos