|Bid||56.33 x 2200|
|Ask||56.41 x 1400|
|Day's Range||55.52 - 56.83|
|52 Week Range||40.25 - 57.53|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||19.55|
|Earnings Date||Aug 13, 2019 - Aug 19, 2019|
|Forward Dividend & Yield||1.40 (2.50%)|
|1y Target Est||56.46|
Also, management expressed confidence with strong guidance for the next quarter. Revenue growth was consistent across all products, but the "Security" category stood out. The 21% year-over-year revenue growth in the security area is impressive.
Shares of Cisco Systems Inc. were gaining Thursday after the company beat earnings expectations and delivered an encouraging revenue forecast, suggesting to at least one analyst that the company was “defying the macro.”
The stock market sold off on the escalating China trade war, rebounded on upbeat comments from President Trump and a delay in U.S. auto tariffs, but then retreated again Friday. Growth stocks tended to outperform, but many chip stocks tumbled. Cisco Systems (CSCO), Walmart (WMT) and Alibaba (BABA) reported strong earnings, while Pinterest (PINS) plunged in its first quarterly report since...
Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Cisco posts upbeat revenueCisco Systems’ (CSCO) revenue of $12.96 billion exceeded analysts’ expectation by 0.5% in the third quarter of fiscal 2019. Its revenue rose 4% YoY
Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Cisco’s earningsOn May 15, Cisco Systems (CSCO) reported that it had delivered higher-than-expected earnings in the third quarter of fiscal 2019. Its adjusted EPS of $0.78 exceeded
If you're like me, the current bout of trade-induced volatility isn't sitting too right. And while swings and bear markets are a part of investing, the kind of big plunges we've recently seen does make for some sleepless nights. Which is why the stocks to buy today could be America's blue-chip stocks.Blue-chip stocks don't necessarily have a formal definition, but they are generally stable and well-established companies. Blue-chip stocks are typically household names with billions in revenues and steady rising profit profiles. Often, they share the wealth with their investors via rich dividend and buyback programs. The best part is that investors can count on blue-chip stocks to help them get through periods of malaise and bear markets as they tend to be less volatile than let's say, smaller growth stocks.To that end, with the markets starting to feel a bit shaky, blue chip stocks could be the best way to position your portfolio in the upcoming months.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Chinese Stocks That Could Pop On a Trade Deal But which blue-chip stocks make sense to buy today? Here are five that could help you get through the next few months and an upcoming bear market. Cisco Systems (CSCO)Source: Shutterstock The technology sector is often seen as a growth element for a portfolio. However, the sector does feature plenty of blue-chip stocks that produce mountains of cash flows, steady dividends, and rising profits. Case in point, former dot-com darling Cisco Systems (NASDAQ:CSCO).After building the internet and networking with its focus on switching gear and routers, CSCO made the smart pivot into services and reoccurring revenues. It basically created the model that many tech firms have copied. And in doing that, Cisco has become a cash generation machine. Last quarter alone, the firm managed to produce more than $3.5 billion in free cash flows.The best part is that CSCO continues to share that cash with investors. The firm recently raised its dividend by 6% and added another $15 billion to its authorized buyback program.And yet, more could be in store for Cisco. The firm continues to add new capabilities to its services platform and recently unveiled new conversational A.I. to its interfaces. Adding in continued data center demand as well as the pending 5G upgrades and Cisco continues to look great.For investors looking for a strong tech sector blue-chip stock, Cisco has to be your top pick. Merck (MRK)Source: Shutterstock The steadfastness of the healthcare sector makes it a prime place to find plenty of blue-chip stocks. And one of the best could be pharmaceutical giant Merck (NYSE:MRK).For starters, MRK features a wide portfolio of current and former blockbuster drugs, vaccines and other therapies. This huge portfolio continues to drive profits and cash flows at the giant. But MRK isn't resting on its laurels. A few years ago, Merck made the shift into newer biotech and advanced cancer-fighting medications. That has turned out to be the right move.MRK's Keytruda has quickly become the go-to medicine for a variety of lung cancers and sales going through the roof. Last quarter alone, the blue-chip stock realized more than $2.2 billion in Keytruda sales alone. That double-digit growth has allowed Merck to up its total forecast and guidance for the entire year. The growth of Keytruda could continue. Merck has begun several trials looking to use the drug in other indications. This could provide even more cash flowing Merck's way. Combining the growth of its cancer portfolio with the rest of its steady drug options, and Merck is looking like a great buy for the long haul. * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs In the end, MRK's 2.85% yield and continued growth make it a powerful blue-chip stock for any investor. American Express Company (AXP)Source: Shutterstock One of Warren Buffett's favorite blue-chip stocks happens to be American Express (NYSE:AXP). And the Oracle of Omaha isn't wrong in owning it. The financial powerhouse has continued to thrive in the rising economy and has a lot to offer investors.AXP is kind of a weird bird. Like rivals, Visa (NYSE:V) and Mastercard (NYSE:MA) -- also two blue-chip stocks worth owning -- American Express operates a secured payment network and acts as a toll road when customers swipe their cards. Here, Amex scores a hefty fee. The firm's discount revenue rate was last quarter was 2.37%. Basically, for every $100 spent on its cards, $2.37 flowed back to AXP. All in all, last quarter, American Express pulled in more than $6.2 billion in revenue from these operations.Secondly, unlike V and MA, American Express is an issuer of its cards. Because of this, it's able to score hefty membership fees, interest and creates a leverage effect for its profits. Moreover, Amex's entire M.O. is about rewards and its partners pay the credit issuer plenty of fees to get their products/offers onto AXP's platform.The best part is that AXP tends to focus on the higher end of the credit spectrum. This removes many of the uncertainty and issues with offering loans and reduces default rates.All of this has made American Express a powerhouse in the financial sector. Best Buy Chip Stocks: Genuine Parts Company (GPC)Source: Shutterstock Sixty-three years. That's an amazing streak for any firm to consistently raise their dividend. But for blue-chip stock Genuine Parts Company (NYSE:GPC), it's just par for the course. The secret lies with the firms massive and irreplaceable moat.There's a good chance that you've never walked into one of GPC's locations, but your mechanic has. Under the NAPA banner, the firm operates one of the largest networks of auto parts and industrial distribution locations in the nation. Those 9,250 locations are located pretty much everywhere and that's key. Auto parts are generally a "need it now" sort of item and are pretty much immune from the whims of online sales.Because of this huge network, GPC and NAPA are pretty much the only game in town when it comes to getting parts to body shops, mechanics and service centers. This has been beyond good for GPC's bottom line over the years. In its 90-year history, sales have increased in 85 of those years. This streak was continued last year as GPC recorded more than $18.7 billion in revenues. Analysts predict that revenues will jump by about 4% this year. Naturally, those sales have turned into profits and a long streak of dividend increase for investors. * The 3 Best Marijuana Stocks to Buy Right Now This consistency has made GPC one of the best blue-chip stocks to own for the long haul. Coca-Cola (KO)Source: Chris Nielsen via FlickrWhen it comes to blue chip stocks, Coca-Cola (NYSE:KO) could be the bluest. Its brand is worldwide and is enjoyed millions of times daily. This has allowed KO to pay a constantly rising dividend for the last 55 years and provide plenty of ballast to a portfolio in markets just like today.And there is still growth to be had.Coke has moved into new beverage categories as tastes have changed. Sparkling water, juices, teas, and other healthy drinks are now on a menu at the firm. And these items continue to grow -- with revenues for these products now accounting for about half of KO's total pie. Meanwhile, KO has improved margins via new packaging designs and sizes. Adding in some tech -- such as its Arctic Coolers and Freestyle machines -- and Coke seems to be winning the beverage wars.The proof is in the pudding. Continued product mix development has resulted in a big 5% jump in revenues last quarter. Likewise, earnings saw a big surge and KO has managed to produce roughly $6.28 billion in free cash flow over the last 12 months.Yes, KO is boring. But that's what exactly what investors should be looking for in a blue-chip stock. Consistency, with a touch of growth. If that doesn't describe Coca-Cola, then I don't know what does.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 5 Great Blue-Chip Stocks to Buy Today appeared first on InvestorPlace.
Former Nicira CEO Steve Mullaney tells why he is taking on his first operational role in nearly five years at Palo Alto-based Aviatrix Systems Inc., which provides hybrid cloud networks to a rapidly growing list of customers that includes Robert Half, Hyatt and Epsilon.
Cisco Stock Soars on Strong Q4 OutlookCisco’s stock price movementCisco Systems (CSCO) stock soared 6.7% on May 16 after the company posted upbeat results for the third quarter of fiscal 2019, which ended on April 27, on May 15. The tech giant
The Dow Jones industrials rebounded from early losses into narrow gains. Hot IPO stock Pinterest crashed on earnings.
How Cisco Fared in the Third Quarter(Continued from Prior Part)Share repurchases and dividend yieldIn the third quarter of 2019, Cisco (CSCO) returned $7.5 billion to shareholders. Cisco spent $6.0 billion on share repurchases and $1.5 billion on
After both the U.S. and China made conciliatory comments earlier in the week, it seems that the rhetoric is now going the other way. According to a state-run media agency, Chinese Commerce Ministry spokesman Gao Feng accused the United States of “bullying behavior.” The commentary comes after the United States raised tariffs on $200 billion of Chinese goods, and China, in retaliation, announced increased tariffs on U.S. goods that are scheduled to start in June.
U.S. stock futures are trading sharply lower this morning, snapping the market's three-day winning streak.Heading into the open, futures on the Dow Jones Industrial Average are down 0.78%, and S&P 500 futures are lower by 0.77%. Nasdaq-100 futures have lost 1.06%.With bulls running the tables yesterday it should come as no surprise that calls proved more popular than puts. Overall volume climbed to above average levels on the session with 19.8 million calls and 18.9 million puts changing hands.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe uptick in call activity was enough to pull the CBOE single-session equity put/call volume ratio down from its lofty panic-induced levels. It fell to 0.66, which is a one-week low. Meanwhile, the 10-day moving average held firm at its highest reading of the year at 0.69.Options activity was a mixed bag on Wednesday (Options traders zeroed in on analyst actions yesterday). Cisco (NASDAQ:CSCO) jumped following a robust earnings report and solid forward guidance. Amazon (NASDAQ:AMZN) benefited from Warren Buffet revealing the size of his stake. Finally, Boeing (NYSE:BA) scored its third up day in a row.Let's take a closer look: Cisco Systems (CSCO)Cisco Systems surged 6.66% on the back of strong earnings. For its fiscal third quarter, the technology conglomerate raked in earnings-per-share of 78 cents on revenue of $12.96 billion. Both metrics topped analyst estimates of 77 cents and $12.89 billion, respectively. * 10 Stocks to Sell Before They Tank Your Portfolio Its revenue forecast for the next quarter was also robust, adding to the excitement surrounding the event. Cisco expects 4.5% to 6.5% revenue growth, handily beating analyst calls for 3.5% growth.The sharp rally carried CSCO stock back above its 20-day and 50-day moving averages, effectively healing all the damage inflicted during the recent market temper tantrum in a single session. It now sits within striking distance of its 52-week high of $57.53. With solid sales growth at its back, CSCO shares should be viewed as a buy into any weakness this quarter.On the options trading front, earnings enthusiasm spurred call demand. Activity lifted to 305% of the average daily volume, with 193,495 total contracts traded; 68% of the trading came from call options alone.With the uncertainty of earnings now in the rearview mirror, sellers slammed implied volatility down to 27% or the 22nd percentile of its one-year range. Premiums are now pricing in daily moves of 77 cents or 1.4%. Amazon (AMZN)Warren Buffet surprised the Street recently when he revealed his flagship Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) was buying shares of Amazon. On Wednesday, in a filing with the Securities and Exchange Commission, he finally revealed the size of the purchase: 483,300 shares.Based on Thursday's closing price that pegs the value of his investment at $921.9 million.AMZN stock scored its third up day, rising 2% amid a comeback in the tech sector. This week's successful defense of the rising 50-day moving average confirmed that dip buyers are still alive and well. With the bounce, $1,815 has established itself as the crucial support zone to watch. As long as we remain above it, the path of least resistance is higher.As far as options trading goes, calls outpaced puts by a slim margin accounting for 56% of the total. Activity ticked higher to 130% of the average daily volume, with 245,923 total contracts traded. * Top 7 Dow Jones Stocks of 2019 -- So Far Implied volatility sunk to 25% placing it at the 25th percentile of its one-year range. The expected daily move is now $28.23 or 1.5%. Boeing (BA)Boeing shares finally achieved liftoff, but with overhead resistance looming large it's bound to be a short flight. Yesterday's 2.4% climb marked its third up day in a row and recovered some of the ground lost during last week's nasty breakdown.The $362 area was a significant support level on the way down, and I fully expect it to prove stiff resistance moving forward. This run-up smells like a dead-cat bounce.Nonetheless, yesterday's jump was enough to create a surge in options trading. Speculators favored calls almost 2 to 1 over puts. Total activity grew to 109% of the average daily volume, with 118,273 contracts traded.Meanwhile, on the implied volatility front, the reading fell to 27% which lands it at the 26th percentile of its one-year range. Premiums are now pricing in daily moves of $6.12 or 1.7%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post Friday's Vital Data: Cisco, Amazon and Boeing appeared first on InvestorPlace.
How Cisco Fared in the Third Quarter(Continued from Prior Part)Earnings per share between $0.80 and $0.82Cisco (CSCO) reiterated its guidance for the fourth quarter of 2019. The company expects revenue growth between 4% to 4.5% year-over-year. Cisco
How Cisco Fared in the Third Quarter(Continued from Prior Part)Revenue rose by 21%Cisco’s (CSCO) Security segment has been the company’s fastest-growing segment for a while now. In the third quarter of 2019, the segment’s revenue rose 21% YoY
The most shocking thing about today's market rally was that it made perfect sense, Jim Cramer told his Mad Money viewers Thursday. Investors are finally starting to figure out which stocks win and which ones lose from the ongoing trade war with China as earnings per share are again starting to matter. Cramer said Walmart may see less impact from tariffs than people expect, given the retail giant can source products better than anyone.
How about a day where we separated China winners from China losers and the results turn out to be pretty darned positive even if it means not every stock participates? You see, we are beginning to get our arms around who will be blessed in a world where sourcing in China is getting mighty expensive and who will get hurt as the president ratchets up the pressure on China. Last night Cisco reported an amazing quarter showing tremendous acceleration in business when many were looking for the networking giant's earnings to falter.
and the trade wars that now are raging between the United States and China. It's a positive, constructive story and big company execs would do well to heed it if they want to see their stocks go higher like that of Cisco today.
The executive action against Chinese telecommunications giant Huawei "was a major escalation from the White House," Jim Cramer says.
The executive action against Chinese telecommunications giant Huawei "was a major escalation from the White House," Jim Cramer says.