Cisco (CSCO)

They have had a pullback recently and he feels that even at these multiples it is still too expensive at 16 times earnings. He thinks there is room for further retracement. They have had an aggressive acquisition strategy to expand the business into new sectors, like cyber security. He would look at it at ideally near 13 times earnings. (Analysts’ price target is $49)

He sees a 23% upside. They pay a dividend of over 3%. Earnings didn’t hit the high note he wanted last quarter, and the stock has paused this quarter, but he is optimistic over the next 3 to 5 years. (Analysts’ price target is $48.52)

He recently bought this just before the earnings season for Q1 back in February. He added to his position. This fits into his theory of 5G deployment growing quickly, since this company supplies the switching equipment and routers. A good long term hold. He would buy more below $37.50.

Well-run company but it has been trying to overcome many problems. It’s ultimately a hardware manufacturing company. The only hardware manufacturing company that has been successful is Apple Inc. (AAPL-O). Very challenging industry. All the trade war with China is not helping. He would go on the software side.

Good turn-around story a couple of years ago. He prefers other ways to play the technology space. It had a big run. He would wait for a pullback to buy at a more attractive valuation.

Is it a company to own for long-term dividend growth and safety? It is trading a little cheaper compared to its 5-year average. 3% dividend yield and they will probably grow that. It is a safe stock. He thinks there are better value in another tech stocks.

He likes this company with one of the fastest growing dividends in the tech group and it has good valuations. There are fierce competitors out there however. It is legacy tech and good to continue to hold.

Pretty incredible company. They have a great balance sheet. 70 billion dollars in cash and no debt. Really nice yield. They have 50% market share in routers. Trades at 17 times earnings. Growing through acquisitions. He doesn’t expect a lot of growth. It is a value type of tech stock.

He has owned this for years. His model price is $48.96. He believes in blockchain technology and this company will profit from it. Chinese competitors have a security issue disadvantage compared to this one. From all perspectives he thinks this is a great investment. Yield 3.0%. (Analysts’ price target is $48.42 )

Has US$35 billion in net cash. Raised their dividend 14% recently and he foresees double-digit increases for years to come. They're number one for 20 years in their four major businesses. A major player in cyber security. Well-managed company which keeps buying back stock and increasing their dividend. They will repatriate a large part of its cash. (Analysts' price target $48.30)

Pre-Huawei and ZTE, Cisco was the pre-eminent company. Cisco will be cut off from China, due to Trump's China tariffs. This stock will fall away, though cooler heads will prevail between the US and China. Watch this. There could be an entry point later.

He thinks this “old-tech” company is finally coming alive and likes the valuation. He is up 90% in his fund holdings. They had a healthy write-off last quarter. Blockchain will be good for this company. His model value is $50.86. Yield 2.9%. (Analysts’ price target is $47.87 )

It's cheap for a tech stock. Has growth opportunity but not too aggressive. Has USD$70 billion cash, will repatriate cash, buy back stock and raise dividends. There's good news for the coming year, though she doesn't love it for the next five years. They will make acquisitions for growth. (Analysts’ price target is $47.87.)

He seems them have a good position in the block-chain technology race. He thinks this new form of technology will become bigger than the internet itself and is thinking a big upgrade in valuations could be coming for these companies. Yield 3.1%. (Analysts’ price target is $47.71 )

Long-term prospects are improving. As broadband demand grows, Cisco will certainly benefit. Dividend is nice, but he'd be just as happy if they reinvested that money. Likes it. Overall, likes Cisco.