Actionable news
All posts from Actionable news
Actionable news in CSCO: Cisco Systems, Inc.,

Five Years From Now, You Will Wish You Had Bought This Tech Stock

Sure, the stock market in recent weeks has subjected investors to wild intraday swings and remains vulnerable to a pullback. But dyspeptic analysts and politicians seem to take perverse pleasure in talking down the U.S. economy and markets.

No need to be a Pollyanna, but needless pessimism isn't desirable, either. Doom and gloom may suit the vested interests of certain financial advisers or presidential candidates, but it doesn't suit investors' interests.

The fact is, economic growth is on track, and a market crash isn't on the horizon.

The shares of many high-quality companies are still available at reasonable prices. Cisco Systems (CSCO - Get Report) is a particularly promising technology stock that is set to gain this year.

CISCO is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. See how Cramer rates the stock here. Want to be alerted before Cramer buys or sells CSCO? Learn more now.

This stock will benefit from pent-up demands in the tech sector, as well as recent economic tailwinds that will gather strength this year.

One of the strongest sources of economic optimism is the resilient health of the labor market.