Over time you eventually get used to the idea that the market seldom
looks past one or two quarters (except, of course, when it's convenient
to do so). So insofar as that goes, I can see how some investors may
have listened to the Cisco (Nasdaq:CSCO)
conference call, thought they heard a sniffle or two, and rushed to hit
the panic button. Though I'm not going to say that Cisco is fully out
of the woods and everything is wonderful again in IT-land, I think the
long-term valuation on Cisco is getting pretty interesting now.
Read more here:
http://www.investopedia.com/stock-analysis/081513/markets-panic-cisco-seems-overdone-csco-jnpr-hpq-ibm.aspx
No comments:
Post a Comment