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Cisco undervalued by 50 percent: StarMine

Tuesday, May 08, 2012 - 01:07

May 8 - Thomson Reuters analyst Jharonne Martis says Cisco should be growing 8 percent over the next 10 years and trading near $29 a share.

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Cisco results outweigh say after the close there is set to rise from a year ago but here is the kicker. Start -- says the stocks should be trading 50%. Higher Thomson Reuters Iran Marcus has more so to round. The stock is right now side nineteen dollars start -- says it should actually be priced at 29 Y. Well according to the intrinsic valuation model the market -- growth rate it's three and a half percent and the companies should actually be growing at 8% over the next ten years. The problems in the eurozone. The economies globally slowing worries about that's just -- sensitive to the global economy definitely was evident in their latest -- and that's spending definitely remains challenging in those areas. However the company has executed well this quarter. And has -- improved. Strong demand to help outside those weaknesses. The analysts saying anything about possible acquisition yes they believe and management will actually target. Smaller tech companies which will complement its core business strategy. Thomson Reuters analyst at minus thanks to around. I'm Rhonda schaffler is this writers.

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Cisco undervalued by 50 percent: StarMine

Tuesday, May 08, 2012 - 01:07