Cisco Systems (CSCO) is long from $35.92. It is trading at $55.33 as of this writing.
New Target Zone
This is a very long term position. The new target zone is $67 to $74.
Buy Zone and Rating
For those following the Good Way, the Buy Now rating is ‘NO’.
For those following the Best Way, the new buy zone is $46 to $50.61.
Dividend
Of note, the stock pays a dividend of 2.53%.
What To Do Now
Those who are holding from $35.92, have taken partial profits and are holding 25% of full core position size may consider continuing to hold.