Cisco: Loaded With Value
Cisco Systems (CSCO), a former darling for tech investors, was being thrown in the trash can Thursday as investors asked, "What have you done for me lately?" (See recent earnings report here and earnings call transcript here.) 
With CSCO down over 13% as of this writing, it's this type of carnage that piques my interest. Usually, selling like this can create a great buying opportunity for investors looking for value. Granted, a big down day does not make a stock a buy, as a stock must have value from the underlying business, or it truly is worthless. One only needs to look at stocks in the dot-com days which had no earnings, ever, meaning there was no value and no price made it worth buying the company stock. Is this the case for CSCO today? I love looking under the hood of big, brand-name companies like CSCO when they are getting crushed to see if I can uncover a hidden gem of a business. Today, I very much like what I see when I look at CSCO. As many of my followers know, the first thing I love when buying a company is a dividend. Most of my articles in the past have focused on dividend paying companies. While Cisco does not pay one currently, they will begin this fiscal year paying their first ever. So that is a plus in my book as I will start to see some business profits hit my clients' accounts this year. More importantly,Complete Story »
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