Friday, September 30, 2016

Time to Sell Cisco Sytems Stock?

It's always a good idea to track what leading investors are doing on a quarterly basis. Investors in Cisco Systems (NASDAQ:CSCO) likely won't be pleased to hear that two hedge funds founded by billionaire investors (Moore Capital Management and Tudor Investment Corp.) reduced their positions in the last quarter.
While I don't believe in blindly following billionaires, their moves give investors cause to consider whether the stock is worth continuing to hold. Let's take a closer look at the buy and sell cases for Cisco Systems stock.

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