Friday, July 19, 2013

My Stock of the Day: CSCO


Cisco is a high-tech wonder involved in the creation, production, and delivery of many solutions and products.
My 5-year Yahoo chart for CSCO reveals a rapid recovery from the 2008-2009 stock-market collapse, first followed by a lengthy down trend with major whipsaws and second by another recovery.
My 3-month chart shows recent whipsaws and an up trend since early May 2013.
A consensus of Yahoo’s stock analysts rates CSCO a strong buy.
Never forget this: All investments and savings are gambles on the unknowable future and thus subject to loss.

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