Cisco Systems Inc is ranked as a top Information Technology stock by Validea based on Joel Greenblatt.

From Nasdaq: 2024-07-15 11:00:00

Validea’s Earnings Yield Investor model ranks Cisco Systems Inc (CSCO) as one of the top Information Technology stocks. CSCO is a large-cap growth stock in the Communications Equipment industry with an 80% rating based on Joel Greenblatt’s strategy. The company integrates products across networking, security, collaboration, applications, and cloud.

Cisco Systems Inc designs and sells technologies powering the Internet, with segments in the Americas, EMEA, and APJC. Products include networking, security, collaboration, and observability solutions. CSCO meets some, but not all, criteria in the strategy’s tests. The stock is neutral in terms of earnings yield and return on tangible capital, resulting in a fail ranking.

Joel Greenblatt’s investment strategy focuses on two fundamental variables to beat the market. His “Magic Formula” produced an annualized return of 30.8% from 1988 to 2004. Validea is an investment research service that follows published strategies of investment legends like Warren Buffett and Peter Lynch. For more information about Validea, visit their website.



Read more at Nasdaq: Validea’s Top Information Technology Stocks Based On Joel Greenblatt – 7/15/2024