Today, that top pick has to be Cisco. Although Microsoft is the only behemoth with a larger market cap, Cisco is clearly the performance front runner. MSFT stock has been stuck in the mud for some time as Cisco has merrily tacked on hundreds of billions in additional market cap. Cisco's valuation based on a multiple to earnings, sales, anything else is simply eye-popping. They are invincible.
Growth is endless.
It's not the car up ahead of you that poses the most danger, but the one speeding around the blind curve in the opposite direction that you always assume won't be there. As you know, Cisco is probably the ultimate technology rollup over the last decade. Far from it. In today's environment, the jig is up. No longer can Cisco so easily hide potential dilution in buying the optical technology of tomorrow.