- Official Post
For any person who's worked in an office space, the work CISCO appears on various pieces of office equipment such as the phones that are used to pick up call. Enter Cisco, a company with a potential 3x upside untapped to date. When I discovered Sandisk, Western Digital and STX last year on my stocks to pick, Sandisk sat at around 90. Cisco sits today $80 a share...
Overview
Cisco Systems, Inc. designs, develops, and sells technologies that help to power, secure, and draw insights from the internet in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China.
Financials
Year over year Cisco is up 33%. If you put 1000 dollars into cisco a year ago, it would be worth 1300 dollars today. The beta .87 so this is very stable and not meme stock status. The PE Ratio is 31.14 and EPS is 2.59. These are fairly stable numbers. Cisco has met investor expectations during investor calls the past 4 quarters by beating targets and has an expected target of 86 a year from now.
Take Away
This is a sleeper stock and anyone who can see a bullish pattern appearing knows that cisco is primed for explosive AI growth.