Jim Cramer says Cisco's Quarter Was ‘Not That Bad'

Now watching

Next video starts in : 7 Play

Jim Cramer says Cisco's Quarter Was ‘Not That Bad'

Jim Cramer says Cisco's Quarter Was ‘Not That Bad'
Replay video
Up next

Closing Bell: Lumber Liquidators Jumps; Dow Extends Win Streak

Unlock your personal NFL Now stream by signing in to NFL.com

Jim Cramer says Cisco's Quarter Was ‘Not That Bad'

by TheStreet 0:42 mins

Jim Cramer says Cisco's Quarter Was ‘Not That Bad'

by TheStreet 0:42 mins

TheStreet's Jim Cramer says he did not think that Cisco's latest quarterly report was as bad as everyone thought. Cramer says the networking equipment giant had good cash flow, is committed to paying a dividend and performed well in Europe and North America. Cramer says the big issue with telecom service providers and telecom companies in general is that there has been 'so much M&A activity that they've been frozen.' Cramer says Cisco had a challenging quarter in Brazil, Russia and China, among others, but he says if things turn around Cisco is well-positioned to benefit. Cramer thinks many investors are going to regret selling the stock after its 10% run-up this year. Cramer points out that not many companies have had that kind of a move higher.



  1. 14:21

    Tesla's tough talk for Apple and Snapchat's Star Wars marketing

  2. 2:05

    US stocks move higher, on track for best week this year

  3. 2:42

    Elon Musk says Apple hires only Tesla's worst engineers

  4. 0:22

    FBI data suggests gun dealers had a record September

  5. 0:29

    U.S. consumers splurged with gas savings says report

  6. 2:54

    Jet.com cuts $50 membership fee, is this part of a larger deflationary trend?


  1. 0:49

    This rally deserves respect, but Nasdaq weakness glares

  2. 1:11

    Hard-to-please bond investors hold the key for stocks

  3. 4:04

    3 charts that show why stocks, oil, & emerging markets could rally by year-end

  4. 5:04

    Former Schwab CEO on the secret to his comeback, and the challenge of China

  5. 4:23

    Surprise! Paying CEOs for stock performance doesn't help companies: Cornell

  6. 1:08

    Stock investors forced to pause at yield signs

Market Movers

  1. 15:02

    Earnings season in focus; Yum's China syndrome; Costolo's new gig

  2. 1:12

    Former Twitter CEO Dick Costolo Has His Next Gig: Writing for HBO's Silicon Valley

  3. 2:12

    Yum's China woes persist; Monsanto job cuts; Pope's visit not a blessing for Cosi

  4. 2:24

    AB InBev makes $104 billion bid for rival brewer SABMiller

  5. 2:09

    ACKMAN: I would do anything to get this guy elected president

  6. 2:00

    It's about to get much easier for consumers to sue big banks