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Bear of the Day: Cisco Systems (CSCO)
Zacks Investment Research· 2024-01-15 13:16
One thing all tech bellwether’s fear is the fall from grace. Over the years, the appeal of the long-term growth of tech companies has been intoxicating. Huge growth, amazing margins, and ultimate scalability makes these some of the most attractive investments on Earth. The problem is, often times the moat around these companies is not as deep nor as wide as they would have you believe. What happens eventually is, somebody builds a better mousetrap and you are reduced to a shell of your old self.I am not say ...
The 3 Best Dow Stocks to Buy in January 2024
InvestorPlace· 2024-01-12 10:04
With the Dow Industrial Average underperforming the S&P 500 in 2023, now is a great time to consider the best Dow stocks to buy. The Dow, a benchmark index of 30 prominent companies, is often a barometer for strength of the U.S. stock market. Identifying these great companies can provide investors with significant gains in 2024. While last year was certainly a great year for the overall stock market, seeking stable returns becomes paramount. As they often say, past performance is not indicative of future re ...
Cisco and New Street Research to Host a Tech Talk on Silicon One and AI
Prnewswire· 2024-01-11 13:00
SAN JOSE, Calif., Jan. 11, 2024 /PRNewswire/ -- Cisco and New Street Research will host a webcast with Eyal Dagan, EVP, Common Hardware Group, and Rakesh Chopra, Cisco Fellow, Common Hardware Group, to discuss Next Gen Networking at Scale for AI & ML, with Silicon One. Interested parties can find more information on Cisco's Investor Relations website at https://investor.cisco.com/. No new financial information will be discussed on this conference call. Date:Wednesday, January 17, 2024 Time:8:00 am PT / 11:0 ...
Cisco Systems (CSCO) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-01-10 23:47
Cisco Systems (CSCO) ended the recent trading session at $50.24, demonstrating a +0.66% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.57%. Meanwhile, the Dow gained 0.46%, and the Nasdaq, a tech-heavy index, added 0.75%.Shares of the seller of routers, switches, software and services have appreciated by 1.18% over the course of the past month, underperforming the Computer and Technology sector's gain of 1.51% and the S&P 500's gain of 3.4%.Market participants ...
3 Reliable Dividend Stocks to Ring in the New Year
InvestorPlace· 2024-01-09 17:23
Although the new year seems incredibly auspicious due to having avoided a recession in 2023, investors may still want to consider reliable dividend stocks. Fundamentally, passive income never goes out of style. It’s always nice to know that every quarter (or whatever the payment cycle is), you can get a payout.Of course, not all passive income providers are built equally and this is where reliable dividend stocks come in. These enterprises benefit from a combination of strong cash positions relative to debt ...
3 Stocks to Buy for the Rise of Smart Cities
InvestorPlace· 2024-01-09 16:18
Investing in smart cities stocks offers opportunities for investors to take advantage of the growing global trend towards sustainable urbanization. As smart cities are designed to improve their inhabitants quality of life through the use of technology, there are many tech and tech-adjacent companies set to gain from the expansion of this new modern way of living. Companies positioned for potential growth include those that provide technologies for efficient transportation, sustainable energy and smart infra ...
Cisco Systems (CSCO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-01-04 23:48
In the latest trading session, Cisco Systems (CSCO) closed at $50.08, marking a -0.85% move from the previous day. This move lagged the S&P 500's daily loss of 0.34%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq lost 0.56%.The the stock of seller of routers, switches, software and services has risen by 5.89% in the past month, leading the Computer and Technology sector's gain of 1.27% and the S&P 500's gain of 2.56%.Analysts and investors alike will be keeping a close eye on the performa ...
New price targets could erase Cisco's 3.1% dividend yield soon
MarketBeat· 2024-01-02 07:01
Key PointsCisco stock is set to become one of the market's favorite names after the newest FED announcement.Lower interest rates could help this stock push higher, as others have done when offering attractive dividend yields.Analysts boosted targets, offering double-digit upside; perhaps history will repeat itself.5 stocks we like better than Vanguard Real Estate ETFA new FED has come into play to end 2023 with a major surprise for most investors out there trying to find a direction to bet on and the implic ...
M&A hits 10-year low in 2023 as big energy deals dominate
Proactive Investors· 2023-12-28 15:06
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Cisco to Acquire Isovalent to Define the Future of Multicloud Networking and Security
Prnewswire· 2023-12-21 14:00
News Summary: Cisco intends to acquire privately held Isovalent, Inc., a leader in open source cloud native networking and security.  Together, Cisco and Isovalent will build leading edge protection for every workload on every cloud. Cisco is committed to nurturing, investing in and contributing to eBPF, Cilium, Tetragon, and cloud native open source communities.  SAN JOSE, Calif., Dec. 21, 2023 /PRNewswire/ -- Cisco (NASDAQ: CSCO) today announced the intent to acquire Isovalent, a leader in open source clo ...