Cisco Stock Price Forecast: Cheap Valuation, Strong Moat, and Solid Dividend Makes Cisco A Buy

July 13, 2017
motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First. 

Cisco Stock Forecast

Summary:

  • Compared to its peers, Cisco is relatively undervalued. Bargain hunters looking for a cheap play to Internet of Things and cyber security should consider Cisco.
  • Cisco’s low valuation has resulted in it giving a dividend yield of 3.7%. Income-focused investors should now add Cisco to their dividend portfolio.
  • Yes, Cisco is a slow-growth tech company. However, this mega-cap networking firm is likely to shrug off any downturn or recession.
  • Cisco has $62 billion in overseas cash. If President Trump’s proposed 10% overseas tax is approved, Cisco will have more than $55 billion to buy more companies.
  • CSCO has optimistic algorithmic trend forecasts from I Know First. The stock is unlikely to dip for a prolonged period this year.

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