Investing

Cisco, Goldman Sachs, Conviction Buy (CSCO)

cisco-logo1Cisco Systems, Inc. (NASDAQ: CSCO) is trading up 2% at $15.78 in active pre-market trading this morning.  It seems that Goldman Sachs decided it likes this new unified computing system push announced yesterday.  Goldman has added the technology giant to its prized CONVICTION BUY LIST with an $18.00 target.  We have the 52-week trading range as being $13.61 to $27.72.  In the last 5 trading days this one has rallied more than 10%.

JON C. OGG

 

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