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Could Cisco Be a Safe Bet for Investors?

Adam Rogers
Could Cisco Be a Safe Bet for Investors?

While Cisco’s revenue fluctuated between $47 billion and $48 billion between fiscal 2013 and fiscal 2017, it is estimated to reach $55 billion by the end of fiscal 2021. Cisco has experienced revenue growth via acquisitions as well, and it acquired eight companies last year. Cisco has also diversified into software and cloud services, which has led to a recurring stream of subscription revenue.