Cisco is expected to grow 15-30% annually for the next 5 years. With 6 billion dollars in cash, no debt, a 23% earnings growth rate, and a fowrad P/E of only 17, Cisco looks like it has a lot to offer.
The Cisco stock is looking hot right now. It’s hovering around 17.60 at this moment. Too bad I bought it last week for 17.85. I wish I had the money to buy more shares right now.