Cisco Vs. Hewlett Packard Enterprise: Which Communication Gear Stock Is Higher Selection?

© Reuters Cisco vs. Hewlett Packard Enterprise: Which Communication Device Stock is Better Pick?

As the telework culture persists even after the COVID-19 pandemic has subsided, the demand for advanced communication equipment is expected to increase. The popular communications equipment stocks Cisco (CSCO) and Hewlett Packard Enterprise (NYSE 🙂 should benefit from the industry's tailwind. But which of these two stocks is better to buy now? Read More It also offers infrastructure platforms, including network technologies for switching, routing and wireless products. In comparison, Hewlett Packard Enterprise Company (HPE) of Palo Alto, California is an edge-to-cloud platform-as-a-service company that offers general-purpose servers for multi-workload computing and workload-optimized servers. It also offers mobility and Internet of Things (IoT) solutions under the Aruba brand, including Wi-Fi access points, switches, routers and sensors.

Communication devices have been in high demand since last year as the need for connected and high-end devices has increased amid the COVID-19 pandemic and people spend most of their time at home. In addition, communication devices such as LANs, WANs and routers are expected to continue to see increasing demand in the 5G era, as remote working is expected to dominate even after the pandemic is over. According to a report by Market Research Future, the global telecommunications equipment market is projected to grow by 11.23% CAGR through 2025. So we think both CSCO and HPE should benefit from this.

CSCO stock gained 8.7% in the last month, while HPE brought in 4.4%. Also, CSCO's 30.1% year-to-date gains are higher than HPE's 23% earnings. In terms of performance over the past six months, CSCO is the clear winner with a 27.4% gain versus HPE with 3.2%.

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