5 Technology Stocks To Buy That Are Too Cheap To Ignore

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In this piece, we will take a look at the five technology stocks to buy that are cheap to ignore. If you want to learn about recent trends in the tech industry, then check out 13 Technology Stocks To Buy That Are Too Cheap To Ignore.

5. Cisco Systems, Inc. (NASDAQ:CSCO)

Number of Hedge Fund Investors in Q2 2023: 55

Trailing P/E Ratio: 17.51

Cisco Systems, Inc. (NASDAQ:CSCO) is one of the most well known technology companies in the world known for its connectivity products. The firm has benefited from a growing demand for enterprise computing and data center products as it has beaten analyst EPS estimates in all four of its latest quarters.

During Q2 2023, 55 out of the 910 hedge funds surveyed by Insider Monkey held a stake in Cisco Systems, Inc. (NASDAQ:CSCO). Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the biggest investor among these, owning 20 million shares that are worth $1 billion.

Follow Cisco Systems Inc. (NASDAQ:CSCO)


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