Cisco Shares Plunge, A Buy Opportunity!

Cisco Shares (CSCO-Q) plunged on the Nasdaq today, more than 16% in early trading to close at 20.52 US per share.  As seems to be the case with many stocks recently, missed earnings for Cisco below analysts’ expectations caused the massive sell-off this morning.  Cisco’s share decline also rippled throughout the technology and communication sector. In a previous article I wrote about Bad News Investing, and how panic selling can provide a great buy opportunity. I feel Cisco is now a great buy opportunity with a 16% discount (pending a few days to see where the price settles). Not many …

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Update on Rogers Communications

Rogers continued to decline last week amidst lower than expected earnings, and a perception among investors of heated competition in the cellular and wireless industry.  Rogers closed the week at $36.51. Rogers started to turn upwards on Wednesday from an intraday low of $36.07, indicating some strength and upside potential. This week should provide an indication of the stock’s direction. $36.00 to $36.50 may signal a buy opportunity, with a stop-loss at $36.00 to protect against  further downside risk (the next support level being around $34.00 per share).

Time to Buy Rogers?

I had been watching Rogers Communications (RCI.B) for a couple of months now. But once the stock started hitting $39 and $40 I felt it was overpriced and out of reach. I was waiting for a correction as a buy signal. So when Rogers missed earnings expectations today – big time, I was paying attention. In a previous article Bad News Investing ~ Profit from Crisis, I discussed how when companies get hit with bad news, it can be a great buy opportunity. Today Rogers Communications Inc. (RCI.B-T) reported weak third quarter earnings, posting a profit drop of 24 per …

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CLF ~ Claymore 1-5 Year Govt. Laddered Bond ETF

Right now bonds are expensive, as they are trading at premium with low yields. Bonds are also very complex instruments.  So for most people buying bonds directly in a record-low interest rate environment means you are overpaying for the bond, with a reduced yield below the coupon rate.  However loading up a portfolio with 80% or 90% dividend yielding stocks is not prudent either. We only have to look back at the market crash of 2008 to see how equities did – but bonds and bond funds did well. Bonds are a necessary component of any portfolio, since they create …

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