Top 8 Stocks for January

Top Stock #3: Cisco Systems (CSCO)

See Key

Until October 2009, Cisco Systems (CSCO) was appreciating at a very
fast clip, but the angle of attack was too sharp and, thus, subject to a correction. The correction drove CSCO below its 50-day moving average, but
the stock quickly stabilized into a sideways pattern, which is bouncing around the 20- and 50-day moving averages.

This is still a very bullish chart with a price objective above $32. A new buy signal from our proprietary Collins-Bollinger Reversal (CBR) indicator
on high volume suggests that Cisco will move through the current
zone with little difficulty.

Ford Equity Research rates CSCO a “strong buy.”

Test your technical analysis IQ.

Next: Top Stock #4