Can we expect Cisco Systems buyers?
Cisco Systems is an American multinational technology conglomerate headquartered in Silicon Valley. It typically has a strong period between December 08 and January 06, making an average of +2.41% a year over the last 15 years. It has gained 12 times and lost value only three times during this period. Will US stimulus hopes boost the US stock again this year?
- The main risk to this trade is if there is selling in equity markets on risk aversion.
- If the US stimulus bill gets delayed again and the US administration has a shutdown, this will invalidate this seasonal outlook.