Cisco Will Thrive in Trump-Led America!

Cisco will thrive in Trump-led America, says Credit Suisse. Tax cuts will enable Cisco to go for larger share buybacks and strike transformative acquisitions. If only markets have predictable swings…!

Analysts and market watchers are not to be taken seriously as they are usually marketing machines with an axe to grind.

But I may have to agree with this one, for once. Cisco is one of the few companies with very deep pockets.

As this CNBC report points out, Cisco has US$ 62 billion in cash offshore that it can unleash under tax repatriation reform. Sounds like a fair assessment!

During my days at Cisco, when its cash reserves were around $40 billion, I was always sceptical about buybacks as its strong quarterly results were consistently followed by weak guidance, which inevitably will drag its share price down.

G Joslin Vethakumar 



1 Comment

Filed under General

One response to “Cisco Will Thrive in Trump-Led America!

  1. Pingback: Market Manoeuvring: Time to Give a Triple Downgrade for Analysts! | Top of the Word

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s