5 Tech Companies Gurus Are Buying

These popular stocks have positions in several gurus' portfolios

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Sep 25, 2017
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According to the GuruFocus All-In-One Screener, the following companies in the technology sector have positions in gurus' portfolios.

A total of 36 gurus own shares of Cisco Systems Inc. (CSCO, Financial).

The communication equipment manufacturer has a market cap of $165.25 billion. The stock is trading with a price-earnings (P/E) ratio of 17.47. The stock price of $32.7 is 3.55% below its 52-week high and 14.59% above its 52-week low.

Cisco's revenue of $48 million grew 2.4% over the last 10 years. Its earnings per share (EPS) of $1.91 saw an increase of 5.1%.

During the second quarter,Ă‚ Ken Fisher (Trades, Portfolio) added 2.44% to his position and Joel Greenblatt (Trades, Portfolio) increased his holding by 16.32%.

A total of nine gurus have positions in Arris International PLC (ARRS, Financial).

The company, which provides media entertainment and data communications solutions, has a market cap of $5.28 billion. The stock is trading with a P/E ratio of 42.67. The stock price of $28.31 is 10.66% below its 52-week high and 13.78% above its 52-week low. Over the last decade, it has returned a gain of 127%.

Arris' revenue of $6.6 million grew 33.70% over the last decade; its EPS of 66 cents has not changed.

In the second quarter Hotchkis & Wiley increased its stake by 11.30% and David Dreman (Trades, Portfolio) added 13.18% to his holding.

Eleven gurus hold shares of Finisar Corp. (FNSR, Financial).

The company, which manufactures optical communication components and subsystems, has a market cap of $2.48 billion. The stock is trading with a P/E ratio of 10.16. The stock price of $21.6 is 40.98% below its 52-week high and 7.89% above its 52-week low. Over the last 10 years, it has returned a loss of 4%.

Finisar Corp ’s revenue of $1.4 billion had a 10-year increase of 4.80%. Its EPS of $2.14 has not changed.

In the second quarter,Ă‚ Third Avenue Management (Trades, Portfolio) established a position in the company.

Eleven gurus have positions in Zayo Group Holdings Inc. (ZAYO, Financial).

The provider of fiber-based communications infrastructure services has a market cap of $8.43 billion. The stock is trading with a P/E ratio of 100.56. The stock price of $34.5 is 4.10% below its 52-week high and 16.69% above its 52-week low. Over the last decade, it has returned a gain of 57%.

During the second quarter, Dodge & Cox added 0.58% to its position and Mario Gabelli (Trades, Portfolio) increased his holding by 25%. George Soros (Trades, Portfolio) established a position in the company.

A total of seven gurus have positions in EchoStar Corp. (SATS, Financial).

The company has a market cap of $5.52 billion. The stock is trading with a P/E ratio of 45.48. The stock price of $58.07 is 7.58% below its 52-week high and 42.09% above its 52-week low. Over the last 10 years, it has returned a gain of 208%.

EchoStar’s revenue of $2.3 million decreased 4.90% over the last 10 years. Its EPS of $1.27 has not changed.

Greenblatt established a position in the company during the second quarter.

Disclosure: I do not own any shares of any stocks mentioned in this article.