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Yacktman Fund Comments on Cisco Systems Inc.

January 30, 2014 | About:
Holly LaFon

Cisco Systems Inc. (CSCO) shares fell after the company reported disappointing results and issued poor forward guidance, largely due to weakness in emerging markets. We think the shares continue to represent extremely good value given the strong balance sheet and earnings power of the business. C.H. Robinson Worldwide Inc.'s shares declined modestly due to continued margin pressure in its North American truckload brokerage business. 

From the Yacktman Fund (Trades, Portfolio)s' fourth quarter 2013 shareholder update.


Rating: 1.0/5 (1 vote)

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