|Bid||44.13 x 100|
|Ask||44.39 x 300|
|Day's Range||43.62 - 44.75|
|52 Week Range||30.36 - 46.16|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.32 (3.05%)|
|1y Target Est||N/A|
After a spell of high volatility driven by uncertainty over global trade policy and the threat of rise in prices of essential commodities, Wall Street is looking for some respite in the upcoming earnings season. Given the positive trend, investing in blue-chip stocks that are likely to make the most of the earnings season seems judicious. This is because such stocks are positioned to report impressive earnings results as they mostly have a strong balance sheet and solid cash flow.
I am going to run you through how I calculated the intrinsic value of Cisco Systems Inc (NASDAQ:CSCO) using the discounted cash flow (DCF) method. If you want to learnRead More...
Juniper Networks (JNPR) has returned -8.3% in the last 12 months, -3.4% in the last month, and 3% in the last five days. Juniper stock rose 44% in 2016 and 2.3% in 2017. Since the start of 2018, it’s fallen almost 11%. Peers Cisco (CSCO), Ericsson (ERIC), Palo Alto Networks (PANW), and Nokia (NOK) have returned 37%, 2%, 75%, and 11%, respectively, in the last 12 months.
Although Juniper Networks’ (JNPR) security business revenue fell ~13% YoY (year-over-year) in fiscal 2017, its revenue rose 8% in 4Q17. Juniper’s security revenue fell for several quarters prior to 4Q17 as the company struggled to compete with niche players such as Palo Alto Networks (PANW), FireEye (FEYE), and Fortinet (FTNT), and tech giants such as Cisco (CSCO). Last year, Juniper announced that it would revamp its security product portfolio to attract customers, and revenue growth in 4Q17 was driven by sales across financial services, telecom, and government verticals.
Ransomware and DoS (Denial of Service) attacks are on the rise, and cybercriminals are becoming more and more sophisticated in their methodology, embracing the same encryption that was originally meant to lock them out. Intel has been at the forefront of security through its leadership on Spectre and Meltdown (and evidenced by CEO Brian Krzanich’s Security First Pledge to customers earlier this year). This considering, it comes as no surprise that the company had a lot to say at this year’s RSA security conference.
The United States imposed sanctions on 24 Russian oligarchs and government officials and 12 Russian companies on April 6. In response, Russian lawmakers are considering legislation that would ban or restrict certain U.S. imports.
Previously, we learned that analysts expect Juniper Networks’ (JNPR) (JNPR) revenue to fall ~14% YoY (year-over-year) in fiscal 1Q18. The company’s EPS (earnings per share) are expected to fall ~43% in the quarter. Analysts expect Juniper’s revenue to fall 11.2% YoY to $1.16 billion in 2Q18 and 3.5% YoY to $1.21 billion in 3Q18, and to rise 3.4% YoY to $1.28 billion in 4Q18. This outlook reflects a revenue decline of 5.8% YoY to $4.7 billion in fiscal 2018. Analysts, however, expect Juniper’s revenue to rise 3.2% in fiscal 2019 to $4.9 billion.
Cisco Systems, Inc. (NASDAQ: CSCO) began making routers before most people knew what they were or even how to use the Internet. On Feb. 16, 1990, the company held its initial public offering (IPO). Cisco's IPO is considered one of the greatest of all time due to its explosive growth in subsequent years.
DnB of Oslo, the largest financial-services entity in Norway, established in 2014 the promotion of gender equality as a “principal target.” The bank is partly owned by the Norwegian Ministry of Trade, Industry, and Fisheries, but it wasn’t feeding investors a line about its pledge: At the end of last year, women represented 37% of the top four management levels, according to DnB’s latest annual report, up from 31% in 2014. Similarly, for its holdings, DnB (ticker:ticker::DNB.Norway) seemed to have set—and met—a target of 50%. The bank halved its investments in Intel (INTC) and Micron Technology (MU) in the first quarter.
Earlier this year, Cisco Systems issued it’s Annual Cybersecurity Report (read my coverage here), which, amongst other things, found that the threat surface is rapidly expanding with the advent of IoT, large-scale ransomware attacks are on the rise (remember WannaCry?), and cybercriminals are becoming increasingly evasive and sophisticated by embracing encryption. Microsoft, more than ever, is investing to be the enterprise’s one-stop shop for security. Microsoft’s RSA 2018 announcements are another stop along the way and I wanted to weigh in on the company’s security-related announcements coming out of the event.
The chip giant announced a new fundamental security upgrade and new efforts in training up the workforce, following the public fallout from security vulnerabilities Meltdown and Spectre.
Nokia (NOK) is expected to announce its 1Q18 results on April 26. Peers Cisco (CSCO), Ericsson (ERIC), and Juniper (JNPR) are set to announce their quarterly results on May 16, April 20, and May 1, respectively.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CSCO. Over the last one-month, outflows of investor capital in ETFs holding CSCO totaled $18.11 billion.
Cisco Systems (CSCO) has returned 29.0% in the last 12 months, -6.5% in the last month, and 3.0% in the last five days. Cisco Systems stock rose 15.0% in 2016 and increased ~31.0% in 2017. Since the start of 2018, it has risen almost 11.0% despite the tech sector sell-off in early February and since mid-March.
Cisco is currently working to protect its customers from up to 20 billion cybersecurity attacks per day, but the internet networking company is looking to a world changed by future wireless capabilities.
Shares of Arista (ANET) plunged after Cleveland Research downgraded the company. However, odds in favor of an upside in the near-term are quite high.
Dow stocks Apple, Intel, Microsoft and Cisco Systems have formed new flat bases as of Friday's close. So did software giant Salesforce.
Microsoft's Brad Smith talks to CNBC's Josh Lipton about a new cybersecurity accord it has joined along with more than 30 other companies, including Oracle, Cisco and HP.