Cisco offers you tech growth plus income

Article Excerpt

Cisco Systems remains a great choice for investors seeking a strong combination of growth, value and dividends. As a leading provider of equipment that handles increasingly large volumes of Internet data, the company is now shifting into related fields like software. It expects to get half of its revenue from these services by the end of 2020. That, alone, greatly cuts your risk. What’s more, Cisco continues to share its success with investors. It began paying dividends in 2011 and has subsequently raised that payment each year. CISCO SYSTEMS INC. $42 is a buy. The company (Nasdaq symbol CSCO; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 4.2 billion; Market cap: $176.4 billion; P-S ratio: 3.5; Divd. yield 3.4%; TSINetwork Rating: Average; www.cisco.com) makes hardware and software to link and manage computer networks. Overall revenue rose 0.2%, from $49.16 billion in 2015 to $49.25 billion in 2016 (fiscal years end July 31). Revenue dipped to $48.0 billion in 2017, but rebounded to $49.3 billion in 2018…