Message Font: Serif | Sans-Serif
No. of Recommendations: 1
No, I wouldn't buy Cisco. In fact, I sold it about a month ago and swapped in to INTC (after writing an article back in Jan concluding that keeping CSCO was the right move - dooh - THAT would have been the time to make the swap).

I agree CSCO looks dirt cheap, but what's on the horizon that's likely to make the stock start climbing? And, does CSCO really have better prospects going forward compared to INTC, MSFT, IBM and other large cap tech peers that also look cheap?

I don't think CSCO will be a big loser, but I don't see what sparks a return to better valuations or why it's a better buy than some other stocks out there. In short, CSCO looks an awful lot like a value trap.

If Chambers manages to get the company back on track, I think there'll be time to jump in and catch the ride.

Maybe I'm not the best person to answer this since I was wrong back in Jan and have generally managed to lose money in tech.

Hope I'm wrong and the pick works out for you.

Fool on!


Disclosure: As mentioned, long INTC. No position in the other stocks mentioned.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.