Monday, February 14, 2011

Buying some Cisco

I just bought 1000 shares of Cisco (CSCO) at $18.87.  I view Cisco as a high quality company that's somewhat undervalued, so while I don't expect massive returns I still think I'll do pretty well.  Also, IMO holding CSCO is significantly more attractive than holding cash (this transaction took my portfolio from $54K cash down to $35.5K), so it makes sense from an overall portfolio construction perspective. 

Questions?  Comments?