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In 2006, Jim Cramer made a great call on Cisco Systems (CSCO), getting his viewers into the stock to ride it from 19 to nearly 29 for a good 50% gain. He had previously been calling it a flatline stock as late as August 3, 2006, but following a blowout quarter, Cramer hailed CEO John Chambers as the comeback kid, and started recommending it directly thereafter. On August 23, 2006, Jim Cramer called a break out on Cisco Systems (CSCO) and registered a phenomenal gain in a short period of time. He has called the stock a favorite of his, an annointed stock, and a stock he wished he owned for his charitable trust.
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1 comments:
I tend to be skeptical of anyone who publicly provides stock tips, but this definitely seems like a very good pick. I've actually analyzed Cisco myself and here is how it looks right now for long-term investing: Stock Analysis: Cisco (CSCO)
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