Yacktman Funds Comments on Cisco

- By Holly LaFon

Cisco ( NASDAQ:CSCO ) shares appreciated in the fourth quarter along with strength in the information technology sector. Cisco continues to migrate its business from larger one-time sales toward subscription services, which we believe makes the company significantly more stable, predictable and valuable. We feel the shares remain attractively priced and the company possesses a strong balance sheet.

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• CSCO 15-Year Financial Data

• The intrinsic value of CSCO

• Peter Lynch Chart of CSCO

From Yacktman Fund (Trades, Portfolio)s' fourth quarter 2017 shareholder letter.
This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 11 Warning Signs with MSFT. Click here to check it out.

• CSCO 15-Year Financial Data

• The intrinsic value of CSCO

• Peter Lynch Chart of CSCO