Cisco Systems' free cash flow fell vs last year, as did its FCF margins. However, its fair value could be 16% higher based on higher revenue forecasts. One play is to sell short out-of-the-money puts and calls.
Cisco Systems Reported Lower FCF and Margins - Has CSCO Stock Peaked?
/Cisco%20Systems%2C%20Inc_%20HQ-by%20Sundry%20Photography%20via%20iStock.jpg)