Better Blue-Chip Tech Stock: Cisco Systems vs. Oracle
Cisco (NASDAQ: CSCO) and Oracle (NYSE: ORCL) are two tech stalwarts that are better known for buybacks and dividends rather than growth. But over the past 12 months both stocks rallied more than 40% and outperformed the S&P 500 and NASDAQ. Let's see why investors flocked to these two blue-chip tech stocks -- and if either stock is worth buying right now.
Last year the pandemic lit a fire under certain companies in the e-commerce, cloud, and remote work sectors, which benefited from stay-at-home trends. But this year many of those high-growth stocks stumbled as investors pivoted toward reopening plays.
As a result, mature tech companies like Cisco and Oracle, which trade at lower valuations and face easier year-over-year comparisons in a post-pandemic market, became appealing investments again.
Source Fool.com
