Cisco shares look flat-out cheap, Eric J. Savitz writes in this week’s edition of Barron’s. The stock trades for less than 14 times forward earnings and under four times forward sales. And that for a company that offers a nearly 3% dividend yield and is aggressively buying back stock, the author notes. A clear piece of good news is in regards of AI, with the company saying it has had more than $500M in orders to date for hardware targeted at generative AI-related data centers.
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