Morning Stock Movers: Cisco, Las Vegas Sands, Beyond Meat

The transcript discusses Cisco's growth forecast and its shift towards subscription-based revenue, aiming for 50% by 2025. It highlights an upcoming interview with Cisco's leader and market trends, including the performance of casino stocks affected by Macau's downturn. The automotive sector faces downgrades due to competitive pressures, while Avis Budget receives an upgrade for potential over-earning. The discussion provides insights into market dynamics and company strategies.

What is the expected percentage of Cisco's revenue from subscriptions by 2025?

• 30%

• 50%

• 40%

• 60%

Which company's stocks are mentioned as being in correction territory due to exposure to Macau?

• Avis Budget

• Beyond Meat

• Las Vegas Sands

• Cisco

What is the main reason for the downgrade of Beyond Meat?

• Lack of innovation

• Supply chain issues

• Competitive pressures

• High production costs

Which two automotive companies were downgraded by Bank of America?

• Lordstown and Fisker

• Nio and Lucid

• Ford and General Motors

• Tesla and Rivian

What was the reason for the upgrade of Avis Budget?

• Expansion into new markets

• Partnership with a major airline

• Potential to over-earn

• Improved customer service