A tough telecoms stock to weather the storms

Paul Hill tips this leading telecoms stock to sail clean through the headwinds affecting the sector.

Opportunities abound in telecoms infrastructure, particularly for Cisco. The industry is well placed as next-generation wireless and fixed line networks are rolled-out to satisfy data-hungry devices such as tablets and smartphones.

The $90bn networking giant boasts a 64% market share in internet protocol TV (IPTV), 53% in optical routers, 69% in switches, 44% in storage area networks, 53% in wireless local area networks (LAN) and 38% in web conferencing. This is all backed up by 8,000 patents, 20,000 engineers and an annual R&D budget worth $5.8bn.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.