Morgan Stanley's pick: The winner of the network equipment recovery is not Cisco, but F5 (FFIV.US)

Zhitong Finance APP has noted that while the market is still paying for the AI hardware frenzy, Morgan Stanley has turned its attention to the “old-fashioned” sector of enterprise networking equipment. The firm states that this long-neglected sector is experiencing a solid recovery driven by “equipment aging + security,” and the real dark horse is not the largest market cap player Cisco, but the veteran application delivery company F5 (FFIV.US).