Cisco as a Weighing Machine Example
"My favorite example in the world, and I\"ve loved this one for so long. Cisco system. Cisco was the Nvidia of 2000. It hit a high of $82 a share back in 2000 and has not hit that mark since. Guys, guess what? Revenue is up 4x and profits up 5x since that time. And here\"s what\"s interesting: from one point to another, the stock went up 10x and profit climbed about 10x. Is that coincidence? No."
— Speaker
The speaker uses Cisco as an illustration of how stock prices, over the long term, reflect fundamental value rather than short-term hype. Despite not reaching its previous high, Cisco\"s significant revenue and profit growth reaffirm its long-term value, supporting the idea that fundamentals eventually prevail over market noise.
Company CommentaryBullish High ConvictionScore: 6.6
Company Opinion •Everything Money • 13 days ago