3. Cisco Systems ( CSCO) designs, manufactures and sells Internet protocol-based networking and other products related to the communications and information technology industry, besides providing services associated with these products. During the fourth quarter of 2010, Cisco reported sales at $10.8 million, up 27% or $8.5 billion from the same period last year. Net income rose 79% to $1.9 billion from $1.1 billion in the same quarter of the prior year. Net sales for full year 2010 rose to $40 billion, up 11% from 2009. Net income stood at $7.8 billion, improving from $6.1 billion in 2009. Cash flows from operations was $3.2 billion for the fourth quarter of fiscal 2010 and cash and investments were worth $39.9 billion at the end of fiscal 2010. The stock is trading at 11 times its estimated 2011 earnings and is expected to return 32% in the next one year.