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Cisco Systems (ticker: CSCO) is a popular technology company known worldwide for its robust networking hardware and software along with the various certifications that it offers.
In this blog, we'll discuss the fundamentals, past performance, benefits, and risks of the CSCO stock. Read till the end to know how Cube helps you buy Cisco stock from India for as low as $1.
Important: Please consult a wealth coach or financial advisor before investing in any US stock.
Cisco Systems went public in 1990 through its IPO and was listed on the NASDAQ with the ticker CSCO. Its market capitalization at the time was approximately $224 million and as of 14-04-2021, it is $216.873 Billion.
CSCO was at its peak during the year 2000 when it was trading above $75. But it plummeted heavily when the dot com bubble burst and lost more than 75% of its market cap.
However, CSCO is a blue-chip stock that has a stellar history of dividend payouts and strong financial performance. CSCO is continuing to rise with smart acquisitions and foray into new and emerging technologies. You can consult a Cube wealth coach or download the Cube wealth app.
Read this blog to get tips on investing in US stocks
1. Stock Name: Cisco Systems, Inc. (CSCO)
2. Share Price: $51.37*
3. Market Cap: $216.873 Billion
4. Beta: 0.93
5. P/E Ratio: 21.49
6. EPS: 2.39
7. 52 Week Low: $43.61
8. 52 Week High: $68.49
Buy US stocks from India starting at $1
Fun Fact: The name Cisco was derived from San Francisco, the place where Cisco Systems, Inc. was founded in 1984.
1. Cisco's Product revenue was boosted by an increase in Security growth, up by 10%.
2. Its Q2 FY 2021 service revenue increased by 2%.
3. Cisco has grown its revenue with smart acquisitions over the past. In 2021, it acquired Portshift (cloud-native security), Banzai Cloud Zrt (cloud deployment).
4. CSCO had a dividend yield of 4% as of April 2021.
5. Cisco is consistently ranked as one of the best places to work for. It was #4 on Fortune Magazine's best companies to work for list in 2020.
6. Overall, Cisco has a solid balance sheet with $30.6 billion in cash and cash equivalents and $3.0 billion in operating cash flow. You can consult a Cube wealth coach or download the Cube wealth app.
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1. Cisco's Q2 FY 2021 revenue was flat year on year at $12 billion. Flat here means the revenue was the same as last year.
2. Its Q2 FY 2021 product revenue fell by approximately 1%.
5 Important Things to Keep in Mind Before Investing in US Stocks
The Cube Wealth app makes it easier for busy professionals to buy CSCO shares from India. Cube helps you open a US brokerage account with our US brokerage partner, DriveWealth.
Furthermore, Indian investors can get access to award-winning advice from RIA, Rick Holbrook on Cube. Rick manages ~$130 million in assets for HNIs and has been in the game for 40+ years.
Here's how you can get started:
Cube is simple to use, intuitive and reliable. There’s no complex dashboards, graphs, or jargon. That's not all. You can invest in US stocks for as low as $1 using Cube Wealth.
Cisco is expected to close these acquisitions in the following months of 2021 as per investor.cisco.com:
1. Acacia Communications (semiconductor company)
2. IMImobile (cloud software)
3. Slido (audience interaction)
4. Dashbase, Inc (enterprise software)
Ans. You can fund your international brokerage account by transferring funds from your Indian bank account to the brokerage account using wire transfer or other available methods.
Ans. Cisco is a U.S.-based company, and its stock is primarily traded on U.S. stock exchanges like the NASDAQ. You would need access to international markets to buy Cisco stock.
Ans. Indian investors are subject to certain regulations and limits when buying foreign stocks. Ensure compliance with the rules and guidelines set by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
Ans. Yes, you should consider currency exchange rates because you will be trading in U.S. dollars when purchasing Cisco stock. Exchange rates can impact the cost of your investment.
In conclusion, buying Cisco stock from India is a feasible and straightforward process, thanks to the availability of international brokerage platforms and online trading. To purchase Cisco stock:
1. Open an international brokerage account that allows Indian investors to trade U.S. stocks.
2. Fund your account with the desired investment amount.
3. Research Cisco as a company, including its financial performance and outlook.
4. Place an order to buy Cisco stock through your brokerage platform.
5. Monitor your investment and stay informed about market trends and Cisco's performance.
Keep in mind that investing in international stocks like Cisco requires diligence, market research, and a clear investment strategy. Additionally, consider currency exchange rates, taxes, and regulatory compliance when trading in foreign stocks. Consulting with a financial advisor or investment professional can provide valuable insights and guidance in making informed investment decisions.
Watch this video to know more about US stock advice on Cube Wealth
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