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Getting Ahead Of Cisco

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Can Cisco (CSCO) save us? The backbone of the internet reports earnings on Wednesday.

Oppenheimer Chief Market technician Carter Worth joins the panel for this conversation. Following are excerpts.

Most important is how well Cisco behaved in the sell-off, says Carter Worth. (Investors held onto their Cisco stock during the market’s tailspin.) Cisco continues to exhibit good relative strength. It’s sets up well both fundamentally and technically, Worth adds.

Tim Seymour also likes Cisco. He feels it’s a bellwether and he likes that they’re finding ways to get into more emerging markets.

Jeff Macke and Guy Adami concur, and both recommend buying CSCO on any dip.

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CSCO
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