6 Trades to Double Your Money by the End of Summer

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Cisco Systems (CSCO)

By Chris Johnson and Jon Lewis

Everyone knows Cisco Systems (CSCO) as the giant in the networking arena. With the technology sector poised to retain its relative strength leadership through 2009, we like some of the larger companies in the group to continue outperforming the market.

For now, CSCO is one that remains off many analysts' radar screens, as just more than half those covering the stock have it ranked a buy. We typically like these "underappreciated" stocks, as they show room for upgrades and, thus, higher prices.

The CSCO Aug 18 Calls (CYQHU) appear positioned to provide a potential "doubler" as the stock moves back to its highs this summer.

For more trading ideas, see:

• 9 Ways to Profit From the Market's Fall
• 6 Tech Stocks to Own Now
• 7 Ways to Hedge Against Inflation