Cisco announced plans to cut 4,000 more jobs (5% of its global workforce); the sales forecast for the quarter came in surprisingly low.
wall street trends
- Don't Blame Wal-Mart (WMT) and Cisco (CSCO) Slumps On Emerging Markets
- The Best Stocks to Buy Now: A Weekly Roundup
In case you missed last week's profiles of some of the best stocks to buy right now, here's an overview of the profit plays our Money Morning experts shared with members.