InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,995.54
(
0.38%
)
US TECH 100
20,562.00
(
0.10%
)
Dow Jones
43,988.99
(
0.59%
)
Brent Oil
73.89
(
0.00%
)
Bitcoin
76,339.86
(
-0.30%
)
Post# of 366536
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Gbathat

Send PM Follow Ignore
Followers 14
Posts 1306
Boards Moderated 0
Alias Born 06/05/2007

Gbathat

Re: None

Wednesday, 11/08/2017 10:10:02 PM

Wednesday, November 08, 2017 10:10:02 PM

Post# of 366536
Anyone looking at calls on CSCO in light of tax reform?

They have 37 percent of their market cap overseas, which could flood back in the form of dividends and buybacks under forced repatriation at discounted tax rate

https://www.cnbc.com/2017/09/26/goldman-these-companies-are-headed-for-a-big-tax-break-on-overseas-cash.html

https://www.cnbc.com/2016/12/07/cisco-ceo-if-we-could-repatriate-wed-do-a-combination-of-dividends-buybacks-ma-activity.html


That would be in addition to reduced corporate tax rate on profits going forward

Current p/e is not as absurd as some other stocks

Seems like a sleeper with huge upside if reforms passed

Just not sure how long to place the call

God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up