Cisco Systems, Inc. (NASDAQ:CSCO) was between Jim Cramer’s actions speak to growing market speculation.. One caller asked whether Cramer thinks the stock is a “good buy” or a “profitable buy.” In response, he said:
Yes, I do. Yes. Now, we sold for the Charitable Trust… a nice profit. But we have so much data center; I felt like we were taking on too much. I talked about that at today’s meeting. I think you’re in pretty good shape without… He’s doing very, very well. Chuck Robbins is doing a fantastic job there.
A stock market graph. Photo by Alesia Kozik on Pexels
Cisco Systems, Inc. (NASDAQ:CSCO) creates networking, security and collaboration tools that help organizations stay connected and protected. On February 6, Cramer mentioned the company in his game plan and said:
Stocks have been rising. I don’t know. We have to find out if this is a company that has less software and more hardware. In the old days, I expected you to have more software and less hardware, but it’s still an important position for the Charitable Trust.
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