Mike Vinokur Cisco CSCO-Q TOP PICK Jul 05, 2024

It's turning things around after three terrible quarters. People don't believe in this stock. They're making a push into AI and the Splunk purchase was good. But one more bad quarter, and he will sell.

He's been trimming this for underperformance and this week sold the rest of his holding. True, he liked their acquisitions and other things, but couldn't stand the price action (down) and took a loss.

Their last quarter beat including growth projections an it's one of the cheapest tech stocks. It lags peers, but it still grows around 5% and trades at 13x PE.

It's a great barbell opportunity with expensive tech name. It's been raising dividends for 10 years. A great name.

After delivering a blow-out quarter in August, shares jumped 33%. Then they just announced another strong quarter, beating top and bottom and delivering excellent guidance and raising their full-year forecast.

The CEO has righted the ship and the company is getting a lot of orders.

Splunk acquisition in cybersecurity segment has secured a lot more recurring revenue for the company. Steady eddy. Keeps making good acquisitions and integrating. Good management, balance sheet, and dividend yield.

Not cheap anymore, so he sold on the valuation call. Nothing wrong with the business per se if you have a very long horizon.

Likes it, but this part of the economy is bleeding now. A tough call and is reluctant to endorse it. A fine company, but it's not the right moment.

A cornerstone company in tech, but there's huge competition in tech and Cisco remain one step behind. Are better companies.