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The surging demand for advanced, cloud-based networking products and solutions from residential, commercial, and industrial areas since the pandemic, due to the continued adoption of hybrid working models, has incentivized networking companies to deliver more efficiency in their automation, analytics, and security solutions. The recent passage of a bipartisan infrastructure bill that provides significant funding for networking and 5G companies is likely to contribute to the industry’s long-term growth. The global network infrastructure market is expected to grow at 3.9% CAGR to $229.74 billion by 2026. So, both CSCO and NTGR should benefit.
But while NTGR’s shares have declined 18.9% in price over the past year, CSCO has surged 30.6%. Also, CSCO is a clear winner with 5.4% gains versus NTGR’s negative returns in terms of their past six months’ performance. But which of these stocks is a better pick now? Let us find out.
