The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Austin Smith and Jason Moser, discuss the top business and investing stories.
Cisco Systems shares were up 7% this morning, which has had a ripple effect on several other tech stocks in the networks sector and inspired a micro-rally of optimism in the growth of the tech sector as a whole, despite greater socioeconomic market woes. In this segment, the guys talk about why this hasn't restored their faith in Cisco, which they feel always gains in the long run but is always peppered with a series of short-term disappointments.
Austin Smith and Jason Moser have no positions in the stocks mentioned above. Chris Hill owns shares of Cisco Systems. The Motley Fool owns shares of F5 Networks. Motley Fool newsletter services recommend F5 Networks. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.