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Which Internet Pioneer Is Back in the Game?
By: Minyanville Headlines
Posted on October 16, 2012 at 13:45 PM EDT
Let’s face it the bloom has been off the Cisco Systems (NASDAQ:CSCO) rose for some time now. The networking leader has morphed into an aging tech behemoth sporting a dividend yield of 2.8%. No one is doling out Cisco as a hot investment tip at hipster tech confabs. The big growth days are over (fiscal 2013 revenue is expected to be up 6%) yet the company could still provide a reasonable total return over time. These days Cisco shares—which have rebounded 30% from the July low of $14.96—tend to attract more of the value-investor crowd. For instance Yacktman Asset ...
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