Cisco Systems(CSCO)

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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
Market Overview - The global LoRa and LoRaWAN IoT Market is projected to grow from USD 8.0 billion in 2024 to USD 32.7 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 32.4% during the forecast period [1]. Market Dynamics Drivers - The unlicensed spectrum bands for LoRaWAN provide significant advantages for widespread adoption and market growth, allowing for rapid deployment without regulatory hurdles [2]. - Rising demand for low-power, long-range, wide-area network connectivity and advancements in IoT technologies are key drivers [4]. Restraints - Data security and privacy concerns, high initial deployment costs, and interoperability issues are notable challenges facing the market [4]. Opportunities - Increasing smart city initiatives and integration with 5G technology present substantial growth opportunities for the LoRa and LoRaWAN IoT market [4]. Hardware Segment - The hardware segment, including sensors, system-on-chips (SoCs), and networking gateways, is expected to have the largest market size during the forecast period, facilitating diverse IoT applications [3][5]. Network Deployment - The hybrid network segment is anticipated to hold a higher growth rate, combining public and private infrastructure benefits for optimized IoT deployments [6][7]. Regional Insights - North America is expected to hold the largest market share, driven by the need for efficient urban infrastructure management across various sectors [8].
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 ...
Focused On Income? 3 Deep Value Stocks To Add To Your Portfolio
Seeking Alpha· 2024-06-23 13:00
JamesBrey Introduction When I talk to my military friends about dividend investing, they always seem to brush off the idea of it, instead electing to invest in physical properties. To me, investing for income is much easier than spending most of your time managing properties. While it may seem boring for some, I find it to be very exciting, especially when you get to scoop up great dividend stocks at attractive bargains. And as a result of higher interest rates, there are some quality companies you can ...
Cisco Becomes Official Partner of the LA28 Olympic & Paralympic Games and Team USA
Prnewswire· 2024-06-20 16:00
Cisco Will Build Upon Its Olympic & Paralympic Legacy as the Official Network Equipment Partner of the LA28 GamesNews Summary: Cisco has announced a partnership with the LA28 Olympic and Paralympic Games and Team USA to serve as the Official Network Equipment Partner. Cisco will build on its long-standing history with the Olympic and Paralympic Games to not only deliver secure connectivity through its industry-leading networking infrastructure, but also positively impact the city of Los Angeles and people ...
Cisco Has Been Dead Money, But I Think It's A Steal At 52-Week Lows Yielding 3.5%
Seeking Alpha· 2024-06-19 13:00
PM ImagesCisco Systems (NASDAQ:CSCO) (NEOE:CSCO:CA) helped build the internet, was one of the largest companies in the world, and at one point, analysts were speculating that it could become the first $1 trillion company. CSCO's fall from grace hasn't been easy to watch, and it's difficult to be a shareholder. This is a company that went from generating $18.93 billion in revenue during the 2000 fiscal year to growing their business over the next 23 years to $57 billion of annualized revenue. CSCO has in ...