Cisco Systems(CSCO)
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Cisco Systems (CSCO) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-04-26 22:51
In the latest trading session, Cisco Systems (CSCO) closed at $47.86, marking a -0.5% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 0.4%, and the technology-dominated Nasdaq saw an increase of 2.03%.The seller of routers, switches, software and services's shares have seen a decrease of 3.63% over the last month, surpassing the Computer and Technology sector's loss of 5.32% and falling behind the S&P 500's loss of 3.15 ...
Why Cisco Systems (CSCO) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-04-25 22:56
Cisco Systems (CSCO) closed the latest trading day at $48.10, indicating a -0.52% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.46%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 0.64%.Prior to today's trading, shares of the seller of routers, switches, software and services had lost 2.85% over the past month. This has was narrower than the Computer and Technology sector's loss of 5.01% and the S&P 500's loss of 3.04% in th ...
Cisco: Market Underestimates Its AI Potential And Will Regret It
Seeking Alpha· 2024-04-24 17:40
raisbeckfoto Cisco Systems, Nvidia, and Artificial Intelligence Cisco Systems, Inc. (NASDAQ:CSCO) currently trades at an FWD P/E of around 13x, a stark contrast to the elevated multiples many AI (artificial intelligence) stocks boast. It's precisely the goal of this article to argue that such a low valuation reflects an underestimation of CSCO stock's AI relevance and thus creates an investment opportunity. CSCO is known for its leading role in Internet protocol-based networking devices, in particular switc ...
Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI
TechXplore· 2024-04-24 12:43
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Pope Francis holds his weekly general audience in St. Peter's Square, at the Vatican, Wednesday, April 24, 2024. Credit: AP Photo/Alessandra Tarantino Tech giant Cisco Systems on Wednesday joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethically and to ...
These investments will boost your net worth more than any growth stock
Market Watch· 2024-04-23 11:25
Long-term investors who are considering buying “growth stocks,” i.e., stocks with high price-earnings (P/E) ratios, may want to think again. The phrase “growth stocks” appears to be a misnomer. In general, differences in future earnings growth are fairly modest between high P/E and low P/E stocks and are far too small to justify the large differences in prices between those two sets of stocks. On average and over the long run, high P/E stocks deliver significantly lower returns than low P/E stocks.What do P ...
Undervalued Icons: 3 Household Names Trading at Steep Discounts
InvestorPlace· 2024-04-22 18:19
Among Wall Street stocks, some of the best opportunities can be found in reliable companies trading at a discount. With such undervalued stocks, investors get a strong foundation for their portfolio along with potential for positive returns. While the allure of high-flying startups is undeniable, there’s a certain comfort in established companies with a proven history of success. These household names offer a sense of stability and often provide reliable dividends alongside the possibility for long-term gro ...
Cisco and Morgan Solar unlock clean energy adoption in office spaces
Newsfilter· 2024-04-22 15:00
Innovation uses technology to advance sustainability goals for businesses News Summary: Cisco and Morgan Solar are piloting a project that powers collaboration and meeting spaces with solar energy.The design leverages Morgan Solar's Energy Blinds – photovoltaic, algorithmically controlled window shades that capture clean, solar energy – and Cisco's Power-over-Ethernet (PoE) switch, which helps distribute energy within the room, along with integrations into Webex.This solution offers opportunities for busin ...
Top Wall Street analysts pick these 3 dividend stocks for higher returns
CNBC· 2024-04-21 12:04
Macroeconomic woes and geopolitical tensions have been weighing on investor sentiment, shaking up the major averages in the past week.Investors seeking stability may want to turn to dividend-paying stocks.They can follow the recommendations of Wall Street analysts, who conduct a thorough analysis of the financials of the dividend-paying companies and assess their ability to grow their dividends over the long term. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRa ...
Cisco Systems (CSCO) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-04-19 22:51
Cisco Systems (CSCO) closed the latest trading day at $48.32, indicating a +0.44% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.88%. Meanwhile, the Dow experienced a rise of 0.56%, and the technology-dominated Nasdaq saw a decrease of 2.05%.Prior to today's trading, shares of the seller of routers, switches, software and services had lost 3.55% over the past month. This has lagged the Computer and Technology sector's loss of 3.33% and the S&P 500's loss of 2.57% in ...
Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk
CNBC· 2024-04-18 07:00
In this articleCSCOThe Cisco logo is on display at the Mobile World Congress in Barcelona, Spain, on February 26, 2024. Charlie Perez | Nurphoto | Getty ImagesHow it worksHyperShield serves as a "shield for security," Patel said, explaining that it takes security directly to the things that need to be secured.The technology acts like a "fabric," rather than a "fence," giving cyber workers better visibility of software vulnerabilities across applications, according to Patel.The product has an autonomous segm ...