05/11
Network giant Cisco Systems Inc (CSCO) is going to report earning in two days. COVD-19 virus and pandemic status should help network company a lot for following reasons.
- Most companies had to use work-from-home setup.
- All schools switched to online / video material.
- In addition, shelter order forces people to communicate with others through communication systems like phone, internet, video chat during this period of time.
Therefore, it makes sense to invest system company like Cisco in expecting higher revenue for weeks and months to come.