Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: After initially trading down last night post-earnings, Polycom
So What: According to our analyst tracker on Motley Fool CAPS, Wells is one of the better bankers out there -- but it's still only right on its picks about half the time.
Now What: Even Wells admits that Polycom faces stiff competition from the likes of Cisco
More likely, investors were right the first time -- and should put Polycom on hold.
Want to put Polycom info on speed-dial? Add it to your watchlist.
Google is a Motley Fool Inside Value selection. Google and Polycom are Motley Fool Rule Breakers recommendations. eBay is a Motley Fool Stock Advisor pick. The Fool has written a bull call spread on Cisco Systems. Motley Fool Options has recommended a bull call spread position on eBay. The Fool owns shares of Google.
Fool contributor Rich Smith owns shares of Google. We Fools may not 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.