Submitted by madhedgefundtrader on 11/24/2010 - 08:46
At $19.20 a share, Cisco offers a PE multiple of 10 times, versus a market average of 15, the prospect of a dividend next year, and at 12%-17%, one of the most consistent long term growth outlooks of anyone. Did I mention that they get a majority of their sales from overseas, where growth rates are posting white hot double digit rates? Getting in on growth rates are posting white hot double digit rates on the cheap. (CSCO).