Today I initiated a position in CSCO.
- CSCO: 7 shares @ $39.99 --- Yield 3.60%
Total capital invested is $279.90 and will add $10.08 to my yearly dividends. I've owned CSCO in the past and at a much lower price, but this appears to be a decent value within the tech sector.
I'm patiently waiting for XOM to get back down to around $35 or BP to reach the mid teens.
DEFY MEDIOCRITY
MDP -
ReplyDeleteYep, I am looking to nibble a share or two at these levels for Cisco. Not a bad play with them in Tech. Stiff competition within each segment, i.e. Zoom, Microsoft, IBM, etc.. but I do like CSCO.
-Lanny
Lanny,
DeleteYeah I have IBM and CSCO as well. Used to have MSFT a few years back..Damn wish I kept those shares. Oddly I'm looking at INTC as well. Nothing wrong with some solid 3-4% tech plays to complement IBM.
MDP