7 Cheap Stocks to Buy in a Pricey Market

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Market value: $206.2 billion

Dividend yield: 2.9%

Cisco Systems (CSCO, $48.58) is a premier manufacturer of networking products and services, and is a major player in the communications and information technology industries. It should benefit from the rollout of 5G communications technology, as well from the high demand for data center solutions and the migration to cloud networking.

Cisco also is a Dow Jones Industrial Average component, but unlike the index, CSCO stock currently trades well off its 2019 highs. Whereas the Dow is a mere 2% from its all-time highs, Cisco is down by about 16% from its July peak – its highest price since the dot-com bubble.

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