August 12, 2015
Networking giant Cisco Systems reported its first quarter with CEO Chuck Robbins at the helm, since the retirement of long-time CEO John Chambers. And while the stock has been stalled recently, Jim Cramer thinks that the company is moving in the right direction.
“After looking over Cisco’s results today, it seems that the company’s strategy is working, and Chuck Robbins is clearly able to execute, delivering a strong quarter right out of the gate,” the “Mad Money” host said.