The tech sector has been an area of strength for many years. It's propelled the S&P 500 and the Nasdaq Composite to new heights.

In my opinion, it's likely both companies can achieve analysts' growth estimates despite recent headwinds. Both companies have been aggressively pursuing additional investments, CSCO in AI and SBUX with partnerships. I recently purchased shares in Cisco Systems and Starbucks due to their attractive valuations and double-digit upside potential over the next 12-18 months. Both companies have strong fundamentals, strong earnings growth potential, and undervalued compared to their 5-year averages, presenting buying opportunities.

I feel that edge computing stocks should be on investors' radar. We're seeing rapid changes in how data is being transformed and processed, with edge computing stocks being vital players.

Tech stocks, including Internet of Things (IoT) stocks, are having a very tough time lately. Increased market tension is powered by a highly unstable geopolitical environment that has led to a sharp market selloff.

As the core mechanism behind the inner workings of cryptocurrencies, the blockchain represents one of the most revolutionary innovations.  By creating a decentralized value accountability system, the blockchain addresses the double-spending problem associated with digital payments.

In the latest trading session, Cisco Systems (CSCO) closed at $45.16, marking a +0.94% move from the previous day.

Since the explosion of personal computing that started in the late 1970s and 1980s, San Jose headquartered Cisco Systems (NASDAQ: CSCO) has been an integral part of creating the means for computers to communicate with each other.

In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high likelihood of a rate cut in September, but too much speculation is happening beyond that date. Time is ticking on that FOMC meeting.

SAN JOSE, Calif. , Aug. 6, 2024  /PRNewswire/ -- Cisco (NASDAQ: CSCO) has scheduled a conference call for Wednesday, Aug 14, 2024, at 1:30 PM (PT); 4:30 PM (ET) to announce its fourth quarter and fiscal year 2024 financial results for the period ending Saturday, July 27, 2024.

Cisco (CSCO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

On Wall Street, finding the right long-term wealth-building stocks is key to enhancing your investment portfolio. As 2024 progresses, investors are focusing on growth strategies that balance risk and reward.

Cisco Systems Inc (NASDAQ: CSCO) stock has underperformed this year, falling by about 2% since early January. In comparison, Palo Alto Networks stock has gained about 13% over the same period.