CSCO, OLD TECH LAGGARD BREAKS OUT $CSCO

This post was just published on ZYX Buy Change Alert.

Old tech laggard CSCO has just broken out.

CSCO, OLD TECH LAGGARD BREAKS OUT $CSCO

One successful strategy to keep risk low is to buy laggards in strong sectors.  Technology is a strong sector and CSCO is a laggard. The chart shows that it has done almost nothing during this bull market.

The technical breakout is occurring after the earnings report showed signs of renewed growth.

Buy zone is $34 to $36.36, preferably below $34.78.  First target zone is $40. to $42.  Second target is $46 to $50. This stock also offers 3.41% yield and is attractive for income investors.

Maximum recommended position size is 35% of the full core position size.  Stop zone is $32.43 to $32.63.

You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE  30 day trial.

Check out our enviable performance in both bull and bear markets.

FREE: SUBSCRIBE TO ‘GENERATE WEALTH’ NEWSLETTER

Related Posts

FOLLOW THIS PATTERN TO MAKE MONEY OUTSIDE FAANG STOCKS $AMAT $FB $AMZN $AAPL $CSCO $WMT $NFLX $INTC $NVDA $AMD $GOOG

From the large number of emails I receive, anecdotal evidence is that many money managers and private investors have become ...

WEEKLY MARKET DIGEST: MOMO CROWD BUYING STOCKS BUT SMART MONEY CAUTIOUS, GOLD BUYING ON DEFICIT $DIA $GLD $QQQ $SLV $SPY $TBF $TBT $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights ...

INVESTORS OUGHT TO GET AHEAD OF TRUMP’S TAX-REFORM PUSH $SPY $AMZN $LUV $AAPL $MSFT $GOOG $SCHW $DGX $CVS $CSCO $WDC $CAT $PFE $RL $PAYX

President Trump’s economic adviser, Gary Cohn, said that starting this week the administration expects to launch a tax campaign that ...

FIVE UNPOPULAR, BUT PRUDENT, THINGS FOR INVESTORS TO DO NEAR DOW 20,000 $MLM $GIS $NVDA $SPY $AAPL $URI $MRK $JNJ $BMY $LLY $AVGO $INTC $ORCL

  I can safely say that, from my 35 years in the financial markets, to be consistently successful at investing, one ...

SHORT SELL $NFLX (NETFLIX)

Based on ZYX Change Method, $NFLX has been on our list to short for a while. We have been ...

Follow

Get every new post delivered to your Inbox

Join other followers