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Cisco Systems ended 2013 as one of the worst-performing stocks in the Dow. Sure, some of that pessimism was warranted, given the networking giant's slowing sales growth. But have investors gone too far in selling off the shares? A bullish piece (registration required) in Barron's magazine says that they have -- and that Cisco shares could jump by 20% this year as a result.
In the video below, Fool contributor Demitrios Kalogeropoulos discusses Cisco's recent struggles and agrees with Barron's conclusion that the stock looks cheap right now. Despite what's sure to be a tough year for the business, Cisco could be a good buy for conservative investors who are looking for dividend income along with a decent chance at long-term capital appreciation.
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The article Is Cisco Systems Primed for a 20% Pop in 2014? originally appeared on Fool.com.Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool recommends Cisco Systems. Try any of our Foolish newsletter services free for 30 days. 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.
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