Tech Stocks' High Valuations

This is a Cisco news story, published by MSN, that relates primarily to Citywire news.

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tech stocks

Telegraph

•

The dotcom bubble’s most valuable stock is now a sensible value pick

Summary

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78% Informative

Cisco Systems trades on a multiple below 20 times forecast earnings for the past decade .

26 top-flight equity managers own shares, each of them among the top 3pc of the 10,000 professional investors tracked by financial publisher Citywire .

After a modest decline last year , Cisco is guiding a return to revenue growth.

The company is very profitable, with operating margins of over 30pc .

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English

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