Hanging With Two Heavyweights

Cisco (CSCO) and Wal-Mart (WMT) are the two heavyweights reporting earnings this week. Well, Deere (DE) is also set to report, but it has a market cap more than $100 billion below Cisco -- and Cisco is just about half the size of Wal-Mart.

When I first looked at the Cisco's chart last night, I thought it would remain in this tight flag until earnings. It really didn't appear to be attractive unless it closed above $26.50. Today, after threatening to break down, the stock is seeing some real strength. Earnings are set to be released, so this one is tough to buy on a breakout higher prior to earnings; however, if the stock is trading above $26.50 and earnings are strong, then I suspect we'll see a move to $30 this quarter. This would be a huge move for a stock that is already up 35% this year....336 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.