Does anyone here have $CSCO 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!
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 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.
