Alphabet and Cisco Systems are considered bargain buys with growth potential for long-term investors.

From Nasdaq.: 2024-07-06 05:15:00

Alphabet and Cisco Systems are two tech companies that may be considered bargains for investors right now. Alphabet, parent company of Google, has seen strong growth in its Google Cloud segment, with revenue growing 28% year over year in the first quarter. Cisco, on the other hand, has faced challenges with customers holding onto hardware longer, but is making strides in transitioning to a subscription-based model. Both companies offer potential for investors with a long-term outlook, given their lower valuations and growth potential. Investing in these tech giants could prove to be a smart move in the future.



Read more at Nasdaq.: Have $1,000? These 2 Stocks Could Be Bargain Buys for 2024 and Beyond