|Bid||45.79 x 800|
|Ask||45.80 x 1100|
|Day's Range||45.64 - 46.62|
|52 Week Range||37.35 - 49.47|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||174.89|
|Forward Dividend & Yield||1.32 (2.78%)|
|1y Target Est||N/A|
The markets have been moving quickly and the S&P 500 could jump 10 percent to finish the year, Fundstrat Global Advisors' Tom Lee says. "I think the market is gravitating toward quality names," he says. Buy Walt Disney over Netflix and Cisco over FAANG stocks to position yourself, he says.
"I think, to me, anything that happens between now and year-end is a lot more about positioning than macro development," Fundstrat's Tom Lee says.
U.S. stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson slid after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder. The report, which J&J has disputed, sent the company's shares tumbling 8.31 percent in heavy volume. The stock was easily the biggest drag on the S&P 500 and the Dow Industrials.
Cisco Systems Inc. was down 3.2% to $45.95 on Friday after the stocks was downgraded to "neutral" from "buy" by analysts at Nomura Instinet with a $50 price target. Nomura analyst Jeffrey Kvaal believes that the tech company's stock is too expensive at current levels as the stock has jumped 20% year to date.
We still see the glass as half full, given likely decent global economic growth, healthy corporate profit growth, reasonable valuations, rising dividend payouts and lower interest rates, asserts John Buckingham; here, the value-oriented money manager and editor of The Prudent Speculator looks at two leading tech plays.
Ericsson (ERIC) stock fell 39% in 2016 and rose 16% in 2017. Since the start of 2018, it’s risen ~34%, indicating an absolute loss of 3.4% in the last three years.
U.S. stocks fell 0.8 percent on Friday, as weak economic data from China and Europe exacerbated global growth fears and added to nerves about the U.S.-China trade talks. Weak monthly retail sales growth ...
Cisco (CSCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Dow Jones stocks Walgreens and Cisco Systems headlined Friday's early losses, as stock futures fell hard in premarket trade.
U.S. stocks were set to drop sharply at the open on Friday as weak economic data from China and Europe exacerbated global growth fears and added to nerves over the U.S.-China trade talks. Equity futures fell about 0.8 percent after data showed weak monthly retail sales growth and industrial output in China, with sluggish Euro zone business expansion piling on more pressure. Investors also shrugged off news that Beijing would suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1 and data that core U.S. retail sales accelerated in November.
Investing.com – U.S. futures slumped on Friday, as investors worry about slowing economic growth in China and elsewhere.The S&P 500 futures fell 22 points or 0.86% to 2,622.62 as of 6:40 AM ET (11:40 GMT) while Dow futures slumped 210 points, or 0.85%, to 24,361. Meanwhile tech heavy Nasdaq 100 futures decreased 70 points, or 1%, to 6,682.Retail sales in China posted their weakest growth in 15 years, increasing worry about the world’s second largest economy as the country is impacted by trade disputes with the U.S. ...
Nomura Instinet downgrades Cisco's stock to neutral from buy, arguing that information technology spending that's buoyed the company may reverse in 2019. While stronger technology spending across Wall Street and a spell of innovation at Cisco CSCO have boosted the stock to post-recession highs, shares now look a little expensive, according to Normura Instinet.
While stronger technology spending and a spell of innovation at Cisco have boosted the stock to post-recession highs, shares now look a little expensive, according to Normura Instinet.
Costco reported adjusted quarterly profit of $1.61 per share, one cent shy of estimates, although revenue did beat forecasts. Costco's same-store sales were higher by 8.8 percent during the quarter, matching forecasts. Adobe Systems ADBE – Adobe earned an adjusted $1.90 per share for its latest quarter, beating estimates by two cents, while the software maker's revenue was slightly above Street forecasts.
Will Ericsson Stock Continue Its Stellar Run in 2019? According to IHS Markit, China’s (FXI) Huawei led the global mobile infrastructure market at the end of 2017 with a share of 28%, up from 25% in 2016. Huawei was, in fact, the only major player to gain market share.
Electric vehicle maker Tesla (NASDAQ:TSLA) is a really a two-part story. Unfortunately that has very little to do with Tesla stock. Long has Tesla been fraught with large debts, missed promises/production figures and insanely high cash burn.
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...
Will Ericsson Stock Continue Its Stellar Run in 2019? Analysts expect Ericsson’s (ERIC) revenue to rise 3.2% to $6.9 billion in the fourth quarter, indicating a marginal rise of 0.7% and revenue of $23.7 billion for the company in 2018. While Ericsson’s revenue is expected to rise 3.5% to $5.26 billion in the first quarter of 2019, the company’s sales could fall 0.1% to $23.69 billion in the year.
Shares of telecommunications equipment company Ericsson (ERIC) have risen 34.3% in 2018. The stock is currently trading at $8.79, 46.5% above its 52-week low of $6.00. Ericsson has outperformed its peers and the indexes in 2018.
After seeing a brief decline, Twilio (NYSE:TWLO) stock has again begun to achieve new record highs. Twilio stock quickly recovered from the recent tech bear market that hit most of its peers. Although Twilio’s ability to acquire and hold key clients assures its bright future, I would caution prospective buyers not to open positions at these levels.
Cisco (CSCO) benefits from its expanding footprint in the rapidly growing security market. Also, partnerships and acquisitions will boost the company's revenue base.
It was a tough day for the market with all 11 sectors ending the day in the red. Health care, tech, and consumer discretionary were among the biggest losers of the day