If You're in Your 50s, Consider Buying These 2 Stocks
As investors start heading toward the finish line in terms of their working years, some become overly cautious. But if you're in your 50s, you still have some time ahead of you to conservatively grow your portfolio.
Two tech mainstays, Cisco (NASDAQ: CSCO) and IBM (NYSE: IBM), aren't likely to take shareholders on a roller-coaster ride, though both offer substantial growth potential. Just as importantly, both Cisco and IBM are woefully undervalued compared to their peers, which helps limit downside risk. Each also pays a dividend yield near the top of their industry.
Image source: Getty Images.
Source: Fool.com
Cisco Systems Inc. Stock
€43.16
-0.780%
The stock is one of the favorites of our community with 30 Buy predictions and 3 Sell predictions.
With a target price of 50 € there is a slightly positive potential of 15.86% for Cisco Systems Inc. compared to the current price of 43.16 €.
