Cisco Holds Up Well

Cisco Systems (CSCO) is holding up well this year. The stock has given back little of its post-Nov. 14 breakout, a powerful earnings release sparked a move that lifted shares 5%. Cisco was the only blue-chip to close that day in the green while the DJIA dropped nearly 200 points. The stock never looked back, and by early March, it had gained nearly 30%.

Midway through this impressive bull run, Cisco gapped to the upside following the market's New Year's Eve upside reversal. The low of $20.00 on Jan. 2 has proven to be key support this month, as the stock began an overdue pullback a month ago....108 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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