With
a host of tech companies taking their licks through earnings season
(or shortly thereafter), including companies like F5
(Nasdaq:FFIV),
Riverbed
(Nasdaq:RVBD)
and Juniper
(Nasdaq:JNPR),
investors were nervous going into Cisco's
(Nasdaq:CSCO)
earnings report. While Cisco's numbers don't reflect all that much
strength in the tech markets as a whole, it was a solid result in a
tough time and the guidance for the next quarter wasn't bad either.
Cisco continues to look meaningfully undervalued, but this stock is
likely going to need some time to work out.
Read more here:
http://www.investopedia.com/
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