Cisco Might Not Survive Another Crisis
Market crashes and economic crises come and go and the markets eventually recover. The dot-com bubble burst some 16 years ago, but NASDAQ is currently trading at all-time highs. The Great Recession of 2007-2009 left the financial world in ruins, but the is now flying above 18 550.And while the broad market survives, some companies, unfortunately, do not.
Enron, WorldCom and Lehman Brothers, just to name a few. Cisco Systems Inc (NASDAQ:), on the other hand, is one of the companies, which could brag about surviving through the last two major stock market crashes. The next chart, however, suggests it is no time for bragging.
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