Offgrid Investing - Cisco (CSCO) - Watching This Stock!

in stocks •  2 years ago 

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We are looking at CSCO now as the 20 day MA is about to cross the 50 day MA. We would be all in except the indicators look to be turning down. CSCO has more short term assets ($40.0B) than both short and long term liabilities ($26.5B). Also pays a 3.1% dividend. We want to see what happens at the $49 level. The $46 level is key as well.

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