Core Viewpoint - In a market characterized by high valuations, Verizon, IBM, and Cisco are identified as attractive income-generating investments due to their lower valuations and healthy dividend yields [1][2]. Group 1: Verizon - Verizon's stock reached a 13-year low of $28.25 on October 13, 2023, but has since rebounded to nearly $44 [3]. - The company doubled its annual postpaid phone net additions in 2024, driven by localized marketing, customizable plans, and growth in its distribution business with Walmart [4]. - Verizon's free cash flow rose 6% to $19.8 billion, covering its $11.2 billion in dividend payments, with a forward yield of 6.3% and a low forward price-to-earnings ratio of 9 [5]. Group 2: IBM - Under CEO Arvind Krishna, IBM has shifted focus towards cloud-based services and AI, spinning off its slow-growth IT infrastructure services business [6][7]. - From 2020 to 2024, IBM's revenue and EPS grew at compound annual growth rates of 3% and 1%, respectively, marking a recovery after years of decline [8]. - Analysts project a 4% growth in revenue and EPS for IBM this year, with a forward dividend yield of 2.7% and a payout ratio of 52% of its free cash flow [9]. Group 3: Cisco - Cisco faced challenges in fiscal 2021 and 2022 due to supply chain constraints but saw growth in fiscal 2023 as these issues were resolved [10][11]. - Analysts expect Cisco's revenue to rise 5% in fiscal 2025 as inventory issues are addressed, although adjusted EPS may remain flat due to integration costs from its acquisition of Splunk [12]. - Cisco's stock is valued at 17 times forward earnings, with a forward dividend yield of 2.6%, and it spent only half of its free cash flow on dividends over the past year [13].

Industry Overview - The Zacks Computer - Networking industry is expected to benefit from the increasing focus on cloud computing, network security, big data, and cloud storage, driven by the rapid adoption of AI technology [1][3] - The accelerated deployment of 5G is enhancing the Internet of Things (IoT), Advanced Driver Assistance Systems (ADAS), Augmented Reality/Virtual Reality (AR/VR) devices, and 5G smartphones, necessitating robust networking infrastructure [2][9] - The Wi-Fi 7 upgrade cycle is anticipated to act as a catalyst for growth in the industry [2][10] Key Trends - The demand for innovative networking products is rising, favoring major players like Cisco Systems, NETGEAR, and RADCOM [3] - The proliferation of IoT and smart connected devices, along with the growing adoption of cloud computing in network security, is driving the need for efficient network support infrastructure [7][8] - Companies are innovating in networking technologies, including network virtualization and Software-Defined Networking, to meet the demand for secure infrastructure [8] Performance Metrics - The Zacks Computer - Networking industry has outperformed the S&P 500 Composite and the broader Zacks Computer and Technology sector, gaining 28% over the past year compared to the sector's 12.4% and the S&P 500's 15.6% [15] - The industry is currently trading at a forward 12-month price-to-earnings ratio (P/E) of 20.12X, which is below the S&P 500's 21.53X and the sector's 24.41X [16] Company Highlights Cisco Systems, Inc. (CSCO) - Cisco is experiencing strong demand for its AI infrastructure solutions, with orders exceeding $700 million in the first half of fiscal 2025, projected to surpass $1 billion by the end of the fiscal year [18] - The company's security business is thriving, with over 1,000 customers for its Cisco Secure Access and XDR solutions [19] - Product orders increased by 29% year over year, with Annualized Recurring Revenues (ARR) of $30.1 billion rising 22% year over year [20] NETGEAR, Inc. (NTGR) - NETGEAR's revenues from the NETGEAR for Business segment increased by 14.9% year over year, driven by strong demand for ProAV managed switch products [23] - The company successfully reduced inventory by $86 million in 2024, enhancing revenue predictability [24] - Recurring services revenues surged by 25% in the latest quarter, with 556,000 recurring subscribers generating $35 million in recurring revenues [25] RADCOM Ltd. (RDCM) - RADCOM specializes in cloud-native, automated service assurance for 5G networks, with a focus on innovation and AI [27] - The company reported record revenues of $16.3 million in the last quarter, marking a 16.1% year-over-year increase [28] - For 2025, RADCOM anticipates revenue growth of 12% to 15%, with a midpoint of $69.2 million, reflecting continued momentum [29]

Core Insights - Cisco announced networking innovations aimed at empowering service providers to deliver differentiated services and AI-connected experiences at scale [2][3] - The Agile Services Networking architecture combines high-speed routing, a unified software experience, and converged IP and optics, enabling service providers to monetize AI services [3][4] Networking Innovations - Cisco's Agile Services Networking includes new capabilities for real-time visibility into both on-network and off-network connectivity, enhancing end-to-end assurance [5][7] - Early adopters like Virgin Media O2 and Odido are leveraging these innovations to improve customer satisfaction and net promoter scores (NPS) [6][10] AI and Business Growth - The rapid pace of AI innovation presents significant opportunities for service providers to modernize infrastructure, reduce costs, and grow their businesses [4][9] - Cisco's solutions are designed to help service providers compete effectively in the AI marketplace by delivering secure and competitive AI-connected experiences [7][11] Enhanced User Experience - New features such as the ThousandEyes Connected Devices platform provide service providers with insights into last-mile network performance, allowing proactive issue mitigation [8][10] - The Provider Connectivity Assurance application enhances mobile service provider performance through real-time traffic insights and predictive demand intelligence [8][10] Revenue Growth Strategies - Cisco is introducing capabilities to its Mobility Services Platform to accelerate revenue growth for service providers, including an application and API ecosystem [11]

Group 1 - Cisco will participate in several upcoming events with the financial community, including the Mobile World Congress in Barcelona and the Morgan Stanley TMT Conference in San Francisco [1][2] - No new financial information will be disclosed at these events, indicating a focus on existing strategies and relationships rather than new financial guidance [1] - Cisco's representatives at these events include senior executives from various divisions, highlighting the company's commitment to engaging with investors and stakeholders [1][2] Group 2 - Cisco is recognized as a worldwide technology leader, focusing on revolutionizing connectivity and protection in the AI era [2] - The company has over 40 years of experience in securely connecting the world and is committed to innovation, productivity enhancement, and digital resilience [2] - Cisco aims to create a more connected and inclusive future, emphasizing its purpose-driven approach [2]

As filed with the United States Securities and Exchange Commission on February 9, 2024. Registration No. 333-276425 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Actelis Networks, Inc. (Exact Name of Registrant as Specified in Its Charter) ____________________ | Delaware | 3669 | 52-2160309 | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary Standard Industrial | ...

FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 As filed with the Securities and Exchange Commission on January 8, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ ACTELIS NETWORKS, INC. (State or other jurisdiction of incorporation or organization) Delaware 52-2160309 (I.R.S. Employer Identification No.) 4039 Clipper Court, Fremont, California 94538 (510) 545-1045 (Address, including zip code, and telephone number, incl ...