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3 Reasons to Buy Shares of Cisco, Despite What Goldman Sachs Says

Goldman Sachs may have downgraded shares of hardware giant Cisco Systems (CSCO) , but it isn't time to throw in the towel on the stock just yet.

Rather, long-term investors should continue to add Cisco shares to their portfolios to get stellar gains for three simple reasons.

1: A diversified business. When Goldman cut its rating last month to neutral from buy and removed Cisco from its Americas Buy list, citing modest downside risks to consensus earnings estimates, the firm...