2 Rock-Solid Cheap Tech Stocks With a P/E Nearly Half the Industry Average
As strong as the industry has performed this year, several stocks remain incredibly cheap. And two, HP Inc (NYSE: HPQ) and Cisco Systems, Inc. (NASDAQ: CSCO), in addition to their relative value, also pay handsome dividends.
Cisco's transformation is why many investors have shunned its stock. In the case of HP, it may be surprising given its low price-to-earnings (P/E) ratio that its stock performance has been nothing short of spectacular this year. So why is it still so cheap? The good news for value seekers is that HP and Cisco are bargains for all the wrong reasons.
Source: Fool.com
Cisco Systems Inc. Stock
With 12 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 54 € shows a positive potential of 26.54% compared to the current price of 42.68 € for Cisco Systems Inc..