|Day Low/High||254.80 / 268.61|
|52 Wk Low/High||187.08 / 313.37|
Though its earnings report contains some bright spots, Cisco was unable to sidestep the telecom capex issues that have stung many peers. Weak enterprise switching demand also didn't help.
It's been very difficult to make money in this stock, patent infringement or not.
CSCO is trading down on JNPR's disappointing 1Q guidance, but Cisco's mix shift to high-growth, high-margin areas protects it from short-term weakness.
With prices moving to the upside as we head into the New Year, we look for another test of the $85 to $90 area.
Overall, slightly more than half the charts scored a 'B' or better.
A bet on Russia is a bet on oil. Shorting ANET is worth a look.