Tuesday, December 17, 2013

MasterCard's Move;Cisco's Issue;Home Depot

MasterCard has announced a ten for one stock split;an 83% dividend increase;and a 3.5 billion dollar stock buyback.Retail investors don't want to buy just one share of MasterCard for 200.00,CNBC analyst Jim Cramer pointed out.It's well-run.These guys are not lightweights.*
Citigroup has issued a buy recommendation on Alcatel-Lucent,and a sell on Cisco Systems.I think people are starting to recognise there is a management problem at Cisco.The analysts are giving up.It was the biggest darling;now it's a hated stock.CEO John Chambers isn't going anywhere,however.He and Cisco are revered in the Silicon Valley.*
Home Depot is a great company and CEO Frank Blake is a fabulous operator.I love the stores.Frank Blake is the great hard goods merchant of our day.You bet against Home Depot,I think you're making a big mistake.That stock should not be down,said CNBC's popular author and host Jim Cramer,who has a law degree and roots for the Philadelphia Eagles.*
Alcatel-Lucent(ALU),Cisco Systems(CSCO),MasterCard(MC),Home Depot(HD)

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