Better Tech Dividend Stock: Broadcom or Cisco?
Inflation, rising interest rates, and other macroeconomic headwinds crushed many high-growth tech stocks this year. However, slower-growth blue-chip tech stocks -- especially those that traded at lower valuations, generated stable profits, and paid high dividends -- generally fared better.
Broadcom (NASDAQ: AVGO) and Cisco Systems (NASDAQ: CSCO) are two of those stalwarts. Over the past six months, Broadcom's stock is up about 14%, Cisco's stock dipped about 7%, while the Nasdaq Composite declined about 15%. But will Broadcom remain a stronger tech dividend stock than Cisco for the foreseeable future?
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Source Fool.com
