Does anyone here have $CSCO-0.1% in their portfolio?
This drop comes on the heels of results where full year revenue/earnings guidance was lowered.
I'd love to hear your thoughts - why/why not. I don't know the company in too much detail, so any comments would be appreciated. Thanks!
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A company very interesting, around 40 USD shopping would be very nice.
That would be almost 20% down, I don't really want to believe it, but who knows!
Anything is possible :D it's more just a nice idea for us investors.
I don't know the company, but I have heard of this company a few times. The chart looks interesting and I'll have to take a closer look at the company.
I have them bought but I'm thinking of buying more because even by the numbers and what his background is etc. What's been said here is that I like the company. I don't know if I would wait for $40 but I already think the price isn't bad at all. 🙂
Thus, a price below $50 already seems fine for you to buy.
By the numbers I don't quite know where I would see a fair price I am more guided by the chart on high TF plus of course the happenings in the company and I don't think there is anything that should put the stock down now or anytime soon. So I wouldn't expect it to burn through support which is from some 43usd where I personally don't think it can get anymore from that reaction to about 46.5usd. Anything less can happen but unless something very bad comes up I expect further growth in the future I don't see why it shouldn't grow for now.. If you have a different opinion I'll be just happy and glad for sharing.. :)
I bought Cisco in 2020 at a very good valuation as one of the first representatives in the IT sector, which is generally quite unhappy about dotcom and the growing competition in firewalls in the form of Juniper and Palo Alto.
As far as HW is concerned, they still hold a very strong position there, but I would say that most of their money is already invested mainly in prepaid services and security, growing mainly thanks to acquisitions (https://en.wikipedia.org/wiki/List_of_acquisitions_by_Cisco).
They are buying back shares, regularly raising divi (10y approx +10% growth) they have a very nice payout ratio, small debts, so they buy companies for cash.
I can't complain, I recently took some profits after a time test, so if it keeps falling I might pick it back up;)
Thanks a lot for the breakdown! I see the stock hasn't really moved that much since dotcom... At least not as much as it might deserve.
I'll take advantage of the situation and ask your opinion on the latest Splunk acquisition? 28 billion is not an insignificant amount.
I don't know that much about the company, but analysts are universally positive and Cisco would have a hard time building that inhouse, or the competition would have run away from them for now. If they have to go into debt for it now and still pay such a premium I wouldn't be thrilled, but this way I see it as a necessary evil of big corporations.