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Cisco Systems (CSCO) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-07-16 22:50
Cisco Systems (CSCO) ended the recent trading session at $47.42, demonstrating a +0.04% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.64% for the day. At the same time, the Dow added 1.85%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the seller of routers, switches, software and services had gained 3.74% over the past month. This has outpaced the Computer and Technology sector's gain of 1.06% and lagged the S&P 5 ...
Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Cisco Systems Stock
The Motley Fool· 2024-07-15 19:23
Investing in Cisco Systems can yield $1,000 in annual dividends, but how much do you need to invest? Find out the required number of shares and total cost here.Want some extra cash in your pocket each year, with low risks and no effort? If you're looking to generate $1,000 in dividend income, investing in Cisco Systems (CSCO 0.02%) could be a solid option.Crunching the numbersTo find out how much you need to invest, divide your target income by the yield. With a yield of 3.4%, you'll earn $1000 a year from ...
Cisco Systems (CSCO) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-07-10 22:52
Cisco Systems (CSCO) closed the latest trading day at $46.27, indicating a +1.03% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 1.02%. Elsewhere, the Dow gained 1.09%, while the tech-heavy Nasdaq added 1.18%.Prior to today's trading, shares of the seller of routers, switches, software and services had gained 0.07% over the past month. This has lagged the Computer and Technology sector's gain of 8.46% and the S&P 500's gain of 4.44% in that time.Investor ...
Cisco Declines 9.4% Year to Date: How to Play CSCO Stock Now?
ZACKS· 2024-07-10 16:05
Cisco Systems (CSCO) shares have declined 9.4% year to date, significantly underperforming the Zacks Computer & Technology sector’s return of 29.5%.CSCO is suffering from sluggish networking sales, primarily due to lackluster demand from telecommunication and cable services providers, as well as stiff competition.Excess inventory with customers has dragged down growth in the recent past. In the third quarter of fiscal 2024, Cisco reported revenues of $12.7 billion, which declined 12.8% year over year, prima ...
3 Networking Stocks to Watch Despite Industry Headwinds
ZACKS· 2024-06-28 15:30
Weak global economic conditions, soft demand from telco and cable customers and volatile supply chain dynamics continue to be concerns. Also, inventory reduction efforts by clients are affecting the performance of some participants of the Zacks Computer - Networking industry. Increasing focus on cloud computing, network security, big data and cloud storage is expected to boost the industry participants’ performance in the long run. The accelerated deployment of 5G is driving the proliferation of the Interne ...
The Rise of LoRa and LoRaWAN IoT Market: A $32.7 billion Industry Dominated by Tech Giants - Bosch Group (Germany), Cisco (US) | MarketsandMarkets™
GlobeNewswire News Room· 2024-06-28 14:00
Chicago, June 28, 2024 (GLOBE NEWSWIRE) -- The global LoRa and LoRaWAN IoT Market size is projected to grow from USD 8.0 billion in 2024 to USD 32.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 32.4% during the forecast period, according to a new report by MarketsandMarkets™. Browse in-depth TOC on "LoRa and LoRaWAN IoT Market" 320 - Tables 58 - Figures 294 - Pages Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144298529 LoRa and LoRaWAN IoT Market Dynamic ...
Cisco Systems (CSCO) Rises Higher Than Market: Key Facts
ZACKS· 2024-06-27 22:50
The most recent trading session ended with Cisco Systems (CSCO) standing at $47.45, reflecting a +1.26% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.09%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.3%.The seller of routers, switches, software and services's stock has climbed by 1.69% in the past month, falling short of the Computer and Technology sector's gain of 6.18% and the S&P 500's gain of 3.38%.The upco ...
Dividend Harvesting Portfolio Week 173: $17,300 Allocated, $1,540.02 In Projected Dividends
Seeking Alpha· 2024-06-27 13:00
PM Images The markets have been on an absolute tear as new high after new high is made. The S&P 500 got past 5,500 this week after ultimately settling at 5,464.52, while the Nasdaq breached 17,900. Overall, the Nasdaq finished the week up 0.08% while the S&P 500 climbed 0.68%. There is a tug-of-war going on between Microsoft (MSFT), Apple (AAPL), and NVIDIA Corporation (NVDA), as NVDA overtook them to become the largest company in the market for a short period of time. Shares of NVDA reached around $140 ...
Cisco is 'very optimistic' about its expanding business with China EVs
CNBC· 2024-06-25 09:37
DALIAN, China — Cisco is "very optimistic" about its growing business with Chinese electric car companies as they expand overseas, the company's Greater China head told CNBC on Tuesday.The EV segment is the U.S. tech giant's second-largest for the region — Cisco generates most of its revenue in Greater China from manufacturing companies, and within that, electric cars form the largest category, said Ming Wong, vice president and CEO of Cisco Greater China.Chinese EV-makers have ramped up their global expans ...
3 Stocks to Snag While the Analysts Snooze
Investor Place· 2024-06-24 10:00
For many retail investors, it comes down to either buying index funds, mutual funds or exchange-traded funds. Beyond that, the individual investors who go looking for the best stocks to buy come across the stocks that get the most analytical attention. This doesn’t mean, however, that stocks with less analyst attention are not worthy investments.On the contrary, sometimes the most lucrative stocks to buy are those that fly quietly under the radar while gaining naturally from growing business or improved fin ...