Why Jim Cramer Is Sitting on Cisco
Cisco has been facing increased competition in the markets for hardware switches used to power the internet. In November the stock took a hit on disappointing guidance.
Those sitting on big gains in shares of Cisco (CSCO) - Get Report should not sell the stock, according to Jim Cramer.
"I would hate to see you out of it," Cramer said on a recent exclusive conference call with members of his Action Alerts PLUS club for investors.
