UPDATE ON CISCO SYSTEMS POST-EARNINGS, ATTRACTIVE DIVIDEND $CSCO
This post was just published on ZYX Buy Change Alert. Cisco Systems (CSCO) is attractive for those looking for a tech stock with a good dividend. CSCO pays 3.05%. CSCO is long from $35.92. It is trading at $43.76 as of this writing. CSCO reported earnings in line with consensus but less than the whisper numbers. This is the reason the stock is falling. CSCO is making a transition from a hardware company to a company with a significant software component. As there is a better recognition of the strategy, the stock will move towards $50. The very long term target is