Cisco Systems CSCO – Took a big hit so far today a 13% loss making our portfolio loss for this stock 7% . Cisco systems took a loss due to four analysts that downgraded the stock today. Citigroup, Capstone Investments and Stifel Nicolaus both have their ratings a buy and hold for the stock. Capstone Investments Shebly Seyrafi says to buy this stock on a dip. Cisco is in a battle with Hewlett-Packard (HPQ) and Juniper Networks (JNPR) in the routing and switching market . If this stock drops to 8.9% from when we advised to buy in December, sell. More On What Affected Cisco Today
Netease.com NTES good earnings released today making this a bullish spike in the stock 9%, up 18% from when we bought it. This stock has really no weaknesses right now, strong financials , low debt , growth in earnings per share and net income with robust revenues. This company is a stock you need to pick up and get. Place a stop loss at $42.50 so we can ensure that there’s no losses in the portfolio from sudden and unexpected bear markets.