NASDAQ:CSCO

Cisco (CSCO)

95.72
-7.89 (7.62%)
as of Nov 5, 2026, 9:00:00 pm Market Closed.
489 watching
0
PAST TOP PICK
(A Top Pick Dec 6/07. Down 39%.) Sold his holdings in July. Out of all techs and a lot of US stocks because they didn't pay dividends and was worried about multiple compression.
TOP PICK
$27 billion in cash and the market cap is $100 billion. Getting stronger in this difficult environment because competition is in terrible shape.
BUY
Were able to make very good acquisitions and grow their product range. Expect they will be able to maintain their margins. Trading at 10X earnings. Lots of free cash flow and good balance sheet.
DON'T BUY
Technology is the industry that is most sensitive to the closing off of corporate credit in the US. Most of the big-ticket items that go into technology or rooms ultimately drive this company in a communication, router, etc. sense. The problem is starting to unwind and this company will probably respond rapidly. Will be pretty difficult to make any money here right now.
COMMENT
Microsoft (MSFT-Q), Cisco (CSCO-Q) and Intel (INTC-Q) are probably going to weather the downturn relatively well. They are all effectively utilities and have significantly free cash flows with little or no debt.
PAST TOP PICK
(Top Pick Oct 4’08, Down 6.7% with stop, otherwise Down 45%) Does not pass current tests: Earning revisions started to turn lower. Does not have a low economic sensitivity, nor a lower exposure in a slow down in global growth.
DON'T BUY
(Market Call Minute.) Model price of $24.80. 5% positive differential is not enough.
BUY
Probably the best placed of the equipment suppliers in terms of the Internet global transformation. However, pricing power is a big negative in this industry.
PAST TOP PICK
(A Top Pick Aug 9/07. Down 29%.) Got stopped out at about $28.
COMMENT
Love this company but it is a utility stock these days. Thinks there could be 50% in this stock if there is a sense that the global economy is doing better.
PAST TOP PICK
(A Top Pick Aug 9/07. Down 30%.) Technology is a pretty good space. In this case, business did not turn out as well as predicted.
DON'T BUY
Usually goes back to its previous highs anytime there is a business turnaround. Suffered because US business has been dwarfing what they have been doing internationally, even though 60% of revenues is outside of the US. Outlook is very strong because of their high definition products. Not a fan of tech stocks currently, as they don't usually pick up until August.
PARTIAL SELL
Lots of upside potential. Stock has been moving up in the general NASDAQ rally and could continue a little further. Excellent company and beautiful balance sheet. We are in a recession and it is deepening so he expects equipment sales to slow down. He would consider taking profits.
TOP PICK
Provides the infrastructure that powers the Internet. With concerns about inflation/high energy prices people will want to find the fastest way and least expensive to communicate and do business.
TOP PICK
The best of all the global networking companies. Made some very astute acquisitions when competition was in difficulty. Broad product range. You pay 16X earnings that he feels is growing at 25%. The kind of company you want to own when banks etc. start spending money on infrastructure.
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