Investment Thesis
Cisco Systems, Inc. (NASDAQ:CSCO) has been a trusty income play among many investors. I view it as an income play with a strong FCF to fuel growing dividends. Cisco has however delivered round
Cisco Investor Day 2021, The Good And The Bad With A Rejuvenated Outlook
Summary
- Upon numerous disappointing dividend hikes and limited revenue growth, management is giving investors something to be optimistic about.
- Management guide for 5-7% revenue CAGR through FY25 with similar EPS guidance suggesting a new chapter for Cisco investors.
- Significant execution risk given outlook being based on strong growth in new markets would cause investors to view the guidance with caution until management confirms execution.
Early 30s 'buy and hold' investor trying to achieve financial freedom to the greatest extent possible. Main focus within dividend growth investing & value. I've been investing for 10+ years and worked across several industries including finance, logistics, oil and pharma. Holding a Graduate Diploma within Accounting and MSc within Business Administration & Supply Chain Management.I cover companies matching my focus as well as portfolio strategy
Analyst’s Disclosure:I/we have a beneficial long position in the shares of CSCO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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