Cisco Aims New Router-Based System at Rivals and 2 More Heavily Traded Stocks to Follow
Cisco Systems Inc. (NASDAQ:CSCO): Current price $24.16
The computer network gear manufacturer on Tuesday was poised to introduce a router-based system created to help telecom, cable, and other service suppliers better oversee the massive growth of data transmitted by means of the Internet, including data sent by machines. Cisco intends that its new Network Convergence System, a hardware-software system, will provide it with an edge over competitors Juniper Networks, Alacatel Lucent, and Huawei Technology. The system was created to aid service provider customers who want quicker ways to handle growing data traffic as the Internet becomes the central hub of consumer, enterprise, and machine data.