The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Charly Travers and Matt Argersinger discuss the top business and investing stories of the day.
Cisco Systems (NASDAQ:CSCO) reported higher-than-expected quarterly profits. Shares of Cisco hit a two-year high on the news. Cisco's results bucked the recent trend of sluggish numbers from competitors Juniper (NYSE:JNPR) and IBM (NYSE:IBM). In this installment of MarketFoolery, our analysts discuss the future of Cisco.
The relevant video segment can be found between 8:46 and 14:27.
Charly Travers has no position in any stocks mentioned. Chris Hill owns shares of Cisco Systems. Fool contributor Matthew Argersinger has no position in any stocks mentioned. The Motley Fool recommends Cisco Systems. The Motley Fool owns shares of International Business Machines.. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.