Motley Fool: Cisco had a dismal year but has reason for optimism>
The Dallas Morning News – The Motley Fool
Ciscoâs revenue declined 5% in fiscal 2020, but its adjusted earnings grew 4% as it cut costs and repurchased more shares. Analysts expect both its revenue and earnings to dip by about 1% this year. Those growth rates might seem dismal, but Ciscoâs core business should heat up again after the pandemic passes. Warmer relations between the U.S. and China under the Biden administration could stabilize Ciscoâs Chinese business, and it might pull customers away from Huawei as the Chinese tech giant struggles with trade blacklists and sanctions. A growing need for cloud and data center upgrades should also spark fresh orders for its routers and switches worldwide.

Ciscoâs stock isnât likely to rally anytime soon, but its low forward-looking price-to-earnings ratio of 14 and its recent dividend yield of 3.2% should limit its downside risk. It has raised its dividend every year since its first payment in 2011 and is likely to keep doing so. Consider Cisco for your long-term portfolio.
Link: https://www.dallasnews.com/business/personal-finance/2021/01/17/motley-fool-cisco-had-a-dismal-year-but-has-reason-for-optimism/