The going was painfully slow, but Chickenhound consoled himself on the long journey by boosting his own ego. âMaybe a silly bunch of rats could put one over on Sela. Huh, she was old and had lost a lot of her guile.
Even after the run Cisco stock has had over the past few years, the stock is still a buy. Cisco has reported earnings of $1.73 per share over the past four quarters, which puts the stock's P/E ratio at just about 17. This doesn't seem all that inexpensive, but there are a couple of things skewing Cisco's valuation.
But unless you're buying Warren Buffett's Berkshire Hathaway - which was trading at around $109,100 in February 2007 - buying one share at a time isn't the most effective way to buy stocks. This is because the commission on the trade does not depend only on the amount of shares you are buying or selling.