RAISING THE TARGET ZONE ON CISCO SYSTEMS $CSCO

This post was just published on ZYX Buy Change Alert.

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.

Those who recently bought in December or are holding quantity larger than 25% may consider taking partial profits.

Those not in the stock and following the Good Way may wait for a dip under $51.56 to scale in.

Those following the Best Way and not holding the stock may consider patiently waiting for a dip into the new buy zone above.

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