6. Cisco (CSCO) makes networking equipment, with dominant market share in switches and routers.
Cisco's sales have risen 19% in the past 12 months and its net income has expanded 25%. Cisco's fiscal second-quarter net margin contracted from 19% to 15%, but remained outstanding relative to peers. Cisco's trailing 12-month pre-tax margin, at 21%, ranks in the 89th percentile for the tech sector.Yet, Cisco's effective tax rate, for fiscal 2010, was less than 18%, well below the top U.S. rate of 30% and down from its rate of 20% in 2009 and 21% in 2008. Cisco paid $1.5 billion in 2010 of current taxes to the U.S., enjoying a deferred benefit of $425 million.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV