Cisco Systems, Inc. (NASDAQ:CSCO)

CAPS Rating: 4 out of 5

Cisco Systems creates Internet Protocol-based routers and switches that move data, voice, and video packets across networks.

Recs

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Player Avatar mpdelbuono (66.11) Submitted: 8/15/2013 3:23:08 PM : Outperform Start Price: $23.71 CSCO Score: -10.13

Job cuts are unfortunate, but occasionally necessary to strengthen the company. They do not necessarily mean that the company is performing poorly, only that they're trying to manage costs. This was a good move for CSCO, and the company most certainly did not lose 10% of its value by cutting costs. They continue to be a market leader, and this is a good price to get in at.

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