CSCO - Cisco Systems, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
45.03
+0.82 (+1.85%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close44.21
Open44.48
Bid45.06 x 3000
Ask45.19 x 1300
Day's Range44.32 - 45.35
52 Week Range37.35 - 49.47
Volume24,416,514
Avg. Volume26,109,312
Market Cap202.453B
Beta (3Y Monthly)1.12
PE Ratio (TTM)171.87
EPS (TTM)0.26
Earnings DateFeb 13, 2019
Forward Dividend & Yield1.32 (2.99%)
Ex-Dividend Date2019-01-03
1y Target Est52.64
Trade prices are not sourced from all markets
  • Markit14 hours ago

    See what the IHS Markit Score report has to say about Cisco Systems Inc.

    # Cisco Systems Inc ### NASDAQ/NGS:CSCO View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for CSCO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CSCO. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $5.73 billion over the last one-month into ETFs that hold CSCO are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CSCO credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Barrons.comyesterday

    Cisco Is Heading for Serious Growth and the Stock Could Pop

    The networking giant is riding some powerful trends, from 5G to next-generation systems for 911 calls.

  • TheStreet.comyesterday

    Cisco Is 'Underappreciated', Poised to Gain from Huawei Scrutiny: JPMorgan

    In a note to clients on Friday, JPMorgan's Samik Chatterjee wrote that Cisco's product momentum will continue in coming quarters and outperform investor expectations -- despite any effects from the prolonged partial government shutdown. Approximately 20% of Cisco's revenues come from the government, the analysts noted, but such headwinds are likely fleeting. "We are positive on shares of Cisco heading into its F2Q19 earnings (Jan-end) led by the sustainability of the recently demonstrated product momentum underappreciated by investors in our view," wrote Chatterjee.

  • IBD Stock Of The Day: This Cybersecurity Provider Rides Cloud To Profits
    Investor's Business Dailyyesterday

    IBD Stock Of The Day: This Cybersecurity Provider Rides Cloud To Profits

    Zscaler is the IBD Stock Of The Day as the cloud cybersecurity provider nears a buy point. Zscaler stock has gained more than 180% since its initial offering hit the market in March 2018.

  • InvestorPlaceyesterday

    8 Best Stocks to Invest In Should the Trade War Thaw

    Diving into a discussion about the U.S.-China trade war is a tough business, so allow me this caveat: anything can happen, especially with our current administration. Nevertheless, those who are seeking to capitalize on the best stocks to invest in may be onto something. First, the obvious statement: neither side wants to budge an inch. On the one hand, decades of superior economic growth emboldened Chinese pride and nationalism. Naturally, this sentiment has translated into a significant military buildup. Backing down means losing credibility, something the Chinese leadership cannot afford. On the other hand, the U.S. must protect its intellectual property and its national-security interests. According to author and noted China critic Gordan Chang, controversial tech company Huawei stole technology from Cisco Systems (NASDAQ:CSCO) and T-Mobile (NASDAQ:TMUS). Furthermore, Chang claims that the Chinese government and military supported Huawei's thievery. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Under normal circumstances, we should not expect an imminent resolution, confusing matters about what to invest in now. However, we don't live under any sense of normalcy. Plus, headwinds on both sides suggest the best course of action is a workable truce. Despite their recent fiery rhetoric, the Chinese government harbors serious fears. The latest economic data indicates declining growth, job losses in U.S.-tariff targeted industries and deteriorating consumer sentiment. Moreover, the ultra-rich are getting increasingly tense about future economic prospects. For Americans, we're on the verge of unprecedented instability unless the government shutdown ceases. Additionally, President Trump and the Republicans have a political incentive to negotiate a truce with China. Scoring a victory here means assuaging the electorate, many of whom have turned their backs. * Top 10 Global Stock Ideas for 2019 From RBC Capital Therefore, the pieces for a negotiation to occur is present. If so, here are the best stocks to invest in: ### Alibaba (BABA) Among Chinese stocks, none get more attention than dominant tech giant Alibaba (NYSE:BABA). After a series of bumpy trading following its initial public offering, BABA stock skyrocketed in 2017. Around the middle of last year, Alibaba appeared on track to make a repeat performance. Unfortunately, the escalating U.S.-China trade war derailed the company, knocking it off its perch as one of the best stocks to invest in. That said, BABA is enjoying a strong start to the new year, gaining over 16%. Of course, Alibaba also posted strong numbers in January 2018. But for those seeking what to invest in now, the tech giant's troubles offer an enticing entry point. As our own Dana Blankenhorn argued, Alibaba offers underappreciated cloud solutions. Combined with U.S.-China optimism, BABA could surprise in 2019. ### Baidu (BIDU) Another one of China's best stocks to invest in, internet stalwart Baidu (NASDAQ:BIDU) has grown exponentially since its 2005 IPO. It, too, suffered a few years of choppy trading until it regained decisively bullish momentum in 2017. While it got off to a turbulent start last year, optimists hoped for a repeat performance. Unfortunately, the U.S.-China trade war had other ideas. Moreover, BIDU stock was particularly affected by the ensuing volatility. In the second half of 2018, shares dropped a staggering 33%. For speculators eyeballing what to invest in now, BIDU stock has substantial upside potential. Unlike other Chinese companies, Baidu has yet to enjoy a noteworthy dead-cat bounce. Therefore, you're getting the internet firm close to the bottom. * 7 Dark Horse Stocks You Really Need to Look at for 2019 Of course, the caveat is that we're assuming no other economic or geopolitical event suddenly dampens enthusiasm. That's a big risk, but the rewards may justify it for adventurous investors. ### Tencent (TCEHY) Tencent (OTCMKTS:TCEHY) follows a familiar trajectory with its Chinese compatriots. Following a dramatic rise against its IPO, Tencent's mercurial rise slowed noticeably between 2014 and 2016. However, 2017 produced a monster result for the popular internet-services company. Unfortunately for shareholders caught up in the enthusiasm, TCEHY stock peaked in January of last year. Since then, it has largely been a downhill slide. Overall, Tencent lost more than 26% in 2018. But what makes TCEHY one of the best stocks to invest in is momentum. Since hitting bottom on Oct. 29, shares have jumped more than 33%. More importantly, the bulls have carried this enthusiasm into the new year, moving toward double-digit territory. While you're not getting the biggest discount with Tencent, you're receiving in its place more stability and confidence. Plus, a diplomatic headway will almost surely attract a surge in investor dollars. ### China Green Agriculture (CGA) At first glance, China Green Agriculture (NYSE:CGA) doesn't meet the criteria for what to invest in now. For starters, CGA has become a veritable penny stock, with shares currently trading for less than a can of soda. Plus, the U.S.-China trade war directly and negatively impacts the agricultural industry. But as a contrarian, CGA is also a candidate among the best stocks to invest in. The reason? Fundamentally, it can absorb many of the troubles associated with the U.S.-imposed tariffs. Management is sitting on $153 million in cash, while it only has $7.2 million in debt. Despite obvious pressures, CGA has enjoyed consistently positive free cash flow. * The Bogle Way: 7 Index Funds for Passive Investors Still, a resolution will go a long way. The tariffs have negatively impacted growth. In its most recent quarter, CGA suffered a 6.6% decline in revenue year-over-year. But based on its price action, we may have seen a bottom. ### Skyworks Solutions (SWKS) Should we enjoy a breakthrough in the trade war, Chinese companies won't be the only ones to benefit. Several American organizations, including Skyworks Solutions (NASDAQ:SWKS), offer plenty of upside potential. As a manufacturer of smartphone components, Skyworks is heavily levered towards China. According to CNBC, 83% of its revenue originates from the world's second-largest economy. Based on that statistic, it's no surprise that SWKS stock tanked last year, giving up 29%. That said, Skyworks is enjoying a positive start to the year, gaining 5%. This sets up an intriguing case for speculation. On one hand, the company has likely suffered severe damage due to the trade war. China is the biggest smartphone market in the word. On the other hand, SWKS will easily become one of the best stocks to invest in following a truce. Like the other names on this list, it's a tough call, but the possible rewards are tempting. ### Qualcomm (QCOM) From a glance at its technical chart, Qualcomm (NASDAQ:QCOM) doesn't belong on a list for what to invest in now. Last year, QCOM stock lost shareholders 8% of market value. Even worse, since peaking around mid-September, the tech giant has slipped more than 26%. Of course, Qualcomm is a major player in the smart-device sector. Therefore, the ongoing U.S.-China trade war levers an onerous headwind. At the same time, if American and Chinese leaders agree to a practical solution, QCOM would suddenly look attractive. More importantly, Qualcomm has other avenues to explore, namely the 5G rollout and autonomous-vehicle technology. The former is already a reality: we're just talking about when global integration occurs, not if. * Take Buffett's Advice: 5 Vanguard Funds to Buy The latter component is a little trickier because autonomous vehicles will take time to implement. However, QCOM does have reasonable assurances of a long-term revenue stream, which helps buffer the trade-war waves. ### Micron Technology (MU) When the international community greenlighted China's insatiable thirst for all things tech, semiconductor firms flourished. But now that the U.S.-imposed tariffs dampened enthusiasm, companies like Micron Technology (NASDAQ:MU) are feeling the heat. Its price chart tells you all you need to know. In the first half of 2018, MU stock was cruising to another outstanding year, gaining over 25%. But the second half told another tale, with shares sliding over 38%. With neither side budging, Micron ended last year down nearly 24%. Betting on diplomacy isn't the safest thing to do, especially with the Trump administration. However, an unexpected breakthrough could make MU one of the best stocks to invest in. Currently, the company generates over half its revenue in China, so a truce is crucial. ### United Continental (UAL) With the world's two largest economies going at it, you'd think international airliners would stall. However, United Continental (NASDAQ:UAL) has surprisingly been one of the best stocks to invest in. Last year, UAL stock returned a surprisingly robust 23%. As it turns out, diplomatic troubles don't always translate downstream. Demand for flights to Asian countries have performed relatively well. Moreover, UAL has witnessed a surge for European travel, as well as domestic routes. Plus, a steep decline in fuel prices for the final quarter of 2018 provided an earnings boost. * The 3 Best Telecom Stocks to Buy to Fortify Your Portfolio This Year All that said, if UAL wishes to see continued momentum, a truce holds the key. On average, a Chinese tourist spends nearly $7,000 in the U.S. Therefore, sustained tensions between the two countries along with economic damage won't do our tourism industry any good. As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post 8 Best Stocks to Invest In Should the Trade War Thaw appeared first on InvestorPlace.

  • Barrons.comyesterday

    Optimism About Network Equipment Boosts Arista Networks Stock

    “We expect a strong fourth quarter to portend robust growth in 2019,” Nomura Instinet analyst Jeffrey Kvaal wrote.

  • Sajj Mediterranean rides food trucks and catering to fast growth
    American City Business Journals2 days ago

    Sajj Mediterranean rides food trucks and catering to fast growth

    Between 2015 and 2017, the restaurant achieved an 80 percent growth rate. Such rapid expansion is no small feat in the Bay Area, where the high cost of land and labor makes an especially tough environment for small businesses — even more so for restaurants, where the margins are thin and the variables to manage many.

  • Former Cisco, Brocade exec is new CEO at fast-growing San Mateo startup
    American City Business Journals2 days ago

    Former Cisco, Brocade exec is new CEO at fast-growing San Mateo startup

    Christine Heckart takes the reins from founding CEO Steve Newman, the former chief engineer and founder of Writely, whose technology was acquired and became Google Docs.

  • InvestorPlace2 days ago

    Cisco Stock Is a Stable Life Raft in a Volatile Market

    Tech conglomerate Cisco Systems (NASDAQ:CSCO) is one stock whose share price hasn't been hit nearly as hard as some of its peers. Cisco stock was able to deliver 13% to its shareholders in 2018 and so far this year the stock is up 3%. That's pretty impressive given the context. The tech sector has been a shaky one over the past few months as jittery investors and a massive sell off in December hurt share prices for several big names. However, while some of the flashier names in technology have taken a beating, safe, reliable companies that were once overlooked have come back into focus. Cisco's solid balance sheet, reliable dividend and proximity to some of the most promising tech trends make it a great pick for risk-averse investors. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy as the Dollar Weakens ### Old Faithful Cisco stock offers investors a 3% dividend yield, which is unlikely to go anywhere but up because of the firm's impressive cash coiffers. The new tax code allowed Cisco to bring back around $67 billion from overseas and management has been generous in using those dollars to reward shareholders. The firm has also been on a buying spree trying to beef up its wireless, cybersecurity and software arms and those purchases are likely to pay off in the coming years. Although Cisco's business has been largely dependent on network traffic switches, the company has been working to shift its strategy to focus on software and create a recurring revenue model and so far that switch appears to be paying off. The firm was initially hurt by the move, but its software subscription revenue has started to move in the right direction after just a few years. ### Tailwinds While Cisco's strong balance sheet and reliable dividend payments offer investors stability in a very uncertain sector, the company also looks to have a few growth catalysts on the horizon as well. Cisco's Catalyst 9000 switches are likely to enjoy a tailwind over the next few years as data centers up their processing speeds and wireless companies release 5G products. The demand for faster data speeds is rising rapidly and Cisco's products are smack dab in the middle of that rising tide. Plus, Cisco is also exposed to some secular growth opportunities like edge computing, which takes some of the stress off data centers by performing computing jobs close to the end user rather than in the cloud. Deutsche Bank analyst Vijay Bhagavath said he sees CSCO transforming from a product cycle stock to a secular growth stock this year, setting a price target of $60. That's nearly 30% upside from where Cisco stock is trading today. ### Risks Of course, no stock comes without risk and Cisco is no exception. Although the company looks poised to deliver growth this year, there are some scenarios in which that may not materialize. Nomura Instinet analyst Jeffrey Kvaal said investors should be cautious about the company's growth story as weakness in IT spending strength this year could hit the firm hard. There's also some concern that companies like Amazon.com (NASDAQ:AMZN) could start to sell white box switches that run on off-the-shelf chips and undercut Cisco significantly on price. That kind of competition would be risky for CSCO because it might sway price-conscious customers away from Cisco-branded hardware which would hit the firm's revenue and margins hard. ### The Bottom Line on Cisco Stock Things look bright for Cisco stock and the company's reliable dividend payments are icing on the cake. Right now CSCO is benefitting from several tech trends that put it's hardware and software in high demand. Cisco's successful transition to a recurring revenue model means CSCO is on-track to deliver solid gains as its business ramps up. The firm has made several smart acquisitions that should help enhance its network offerings and create more valuable service and hardware bundles for customers. While there's some risk that economic uncertainty could put a damper on spending, CSCO's iron-clad balance sheet means the firm can likely withstand the storm. Competition from unbranded hardware is certainly a risk, but as CSCO continues to improve its bundles and add value for customers, it is unlikely to lose out to cheaper alternatives. As of this writing, Laura Hoy did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post Cisco Stock Is a Stable Life Raft in a Volatile Market appeared first on InvestorPlace.

  • Cisco CEO Warns Higher Tariffs Will Force Companies to Cut R&D
    Bloomberg3 days ago

    Cisco CEO Warns Higher Tariffs Will Force Companies to Cut R&D

    U.S. companies will end up absorbing the costs of higher tariffs, spending less on the research and development that can lead to technological breakthroughs, Robbins said during a meeting with government officials in D.C. earlier this month. "If we go to the next wave in tariffs, tech companies in the U.S. will have to absorb that and cut back in R&D when what they want us to do is lead in innovation,” Robbins said in an interview at Bloomberg’s New York office Wednesday.

  • Markit3 days ago

    See what the IHS Markit Score report has to say about Cisco Systems Inc.

    # Cisco Systems Inc ### NASDAQ/NGS:CSCO View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for CSCO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CSCO. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The $7.55 billion in inflows that ETFs holding CSCO received over the last one-month is a decline from earlier in the period and among the weakest of the past year. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CSCO credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Why the Earnings Surprise Streak Could Continue for Cisco (CSCO)
    Zacks3 days ago

    Why the Earnings Surprise Streak Could Continue for Cisco (CSCO)

    Cisco (CSCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • InvestorPlace3 days ago

    Snap Stock: Why Would Its CFO Resign So Abruptly?

    It doesn't take a genius to realize that social media company Snap (NYSE:SNAP) is in serious trouble. Last year, SNAP stock dropped more than 55%, making it one of the worst-performing investments in the marquee New York Stock Exchange. Unfortunately, the embattled organization will likely suffer a repeat performance in 2019 unless it can turn the ship around. In a shocking announcement Tuesday, management revealed that CFO Tim Stone will step down from his post. As a result, Snap stock tumbled over 7% during extended trading. Heading into Wednesday's session, SNAP stock is trending down more than 11%! If you've followed the company's (usually negative) news stream, you'll know that Stone's departure comes amid a wave of high-profile executives abandoning ship. Last year, marketing VP Steve LaBella and chief strategy officer Imran Khan sought greener pastures. Most recently, HR head Jason Halbert resigned earlier this week. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As if things couldn't get worse for SNAP stock, Stone's tenure was one of the shortest in the organization's history. The now-former CFO lasted only eight months. * Top 10 Global Stock Ideas for 2019 From RBC Capital Per protocol, SNAP CEO Evan Spiegel offered the usual niceties. As far as the real motives behind the quick exit, we can only speculate. But we can make one statement with reasonable certainty: the decisive catalyst(s) must have been overwhelming. We have to remember that executives don't make these decisions lightly. While they enjoy impressive salaries and benefits, a poor reputation can quickly end that joyride. Specifically, Stone left e-commerce and technology giant Amazon (NASDAQ:AMZN) for this role. That's not an easy gig to walk away from. Further, Stone's prospective employers will rightfully question his motives and commitment. Not only that, the company offered him $20 million in restricted stock, with an option to buy 500,000 common shares. ### Bad Omen for SNAP stock No matter how rich you are, you never willingly leave money on the table. In fact, the affluent become more emboldened with their negotiating skills: that's why they're rich! Therefore, it's shocking for anyone to let so much wealth go. Because of his extremely truncated tenure, Stone will not receive a majority of the compensatory benefits tied to SNAP stock. Simultaneously, the executive indirectly sullied his 20-year career at Amazon. So what could drive someone to this drastic decision? Again, we can only speculate. But examining the common reasons why CFOs quit is revealing, and portends further pain for Snap stock. From an administrative perspective, CFOs typically leave due to interpersonal conflicts. This is a broad category that covers situations such as executive and directorial dysfunction, a poor relationship with the CEO, and ineffective talent within the finance group. On a personal level, a CFO could simply get bored with non-stimulating work. Or they could simply jump ship for more money. None of these reasons satisfactorily explains why Stone pulled the plug. Moreover, they're related to executives who put in the time to discover these negatives. As The Wall Street Journal explained a few years back, a sudden departure may spell trouble. In some cases, the problem is due to executives butting heads. But in others, a fundamental vulnerability may exist in the target organization. The WSJ chronicled 3D Systems' (NYSE:DDD) former finance chief Ted Hull similarly brief tenure. When 3D Systems initially hired Hull, he represented a steal. Previously, Hull worked at Cisco Systems (NASDAQ:CSCO) and International Business Machines (NYSE:IBM). In reality, Hull was a bad omen. The 3-D printing industry's growth narrative declined significantly. Apparently, there was nothing he or anyone could do to save DDD. ### Huge Uphill Battle Lies Ahead for Snap Stock Prior to the news, a temptation existed to take the contrarian trade. As I mentioned earlier, SNAP stock absorbed significant pain. However, its Snapchat app remains popular with its core young audience. Additionally, management is actively seeking international opportunities. But at some point, we must read between the lines. Among publicly traded competitors Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR), Snap has the smallest subscriber footprint. However, its youth-centric focus means it has to win the volume game with its core audience. After all, Snap stock isn't exactly an older person's investment. Unfortunately, Facebook's Instagram app has disrupted the company's dominance in the younger demographic. Further, FB has the resources to bombard SNAP relentlessly. All management can hope for is that they can be bought out at a reasonable price. That sounds awfully negative until you realize that Stone left a fortune on the table. For him, leaving was the rosier option compared to gobs of money. If that's not an indictment against SNAP stock, I don't know what is. As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post Snap Stock: Why Would Its CFO Resign So Abruptly? appeared first on InvestorPlace.

  • Barrons.com4 days ago

    Cisco Is Heading for Serious Growth and the Stock Could Pop

    Barron’s Picks are weekday stock ideas from our experienced stockpickers, based on the same rigorous analysis and reporting as the picks that appear each weekend in the magazine. Back in November, Deutsche Bank analyst Vijay Bhagavath laid out a case that Cisco (ticker: CSCO) should trade less like a product-cycle stock and more like a secular growth stock. Secular growth stocks benefit from lasting shifts that create new markets or quickly expand existing ones.

  • InvestorPlace4 days ago

    Why Investors Should Not Expect An Amazon Stock Split

    Will Amazon (NASDAQ:AMZN) split its stock? Between the high nominal stock price and its climb to the world's biggest market cap, this becomes a natural question for AMZN stock. Previous market cap leaders, such as Exxon (NYSE:XOM) and Microsoft (NASDAQ:MSFT), often split their stocks once they rose above a certain level. However, in today's world, nominal share prices hold less relevance, except in some respects to the Dow Jones Industrial Average. In a world where investors care little about whether a stock trades at $20 a share or $2,000, an Amazon stock split isn't likely. ### Alexa, When Did Amazon Stock Split? Though few may remember, AMZN stock split three times in its early days. The shares rose quickly following its 1997 IPO. Believing lower-priced stocks would see better liquidity, Jeff Bezos didn't hesitate to split the stock. Amazon stock touched $100 per share in early 1998 and the shares split 2:1 the following June. A few months later -- and many dollars higher -- AMZN stock owners got three shares for each one they were holding. Rinse, repeat… and September 1999 saw another 2:1 split. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Growth Stocks With the Future Written All Over Them Then, the dot-com bubble went bust. By early 2001, AMZN stock fell below $10 per share. It would not recover its 1999 high until 2009. While the stock may have come back, Mr. Bezos's love for stock splits did not. ### Little Need for a Split Now Attitudes have shifted since 1999. Today, stocks with four-figure nominal share prices still attract investors. For this reason, only one reason exists to split this stock -- a move into the Dow Jones Index. The Dow exists as a weighted index. Hence, Amazon at its current price would wield a disproportionate influence on the gauge. The only way Amazon will move onto that index is through a stock split. I don't they'll do it. With Microsoft, Apple (NASDAQ:AAPL), and Cisco (NASDAQ:CSCO) already on the index, the tech industry already has good representation. As well, splits change nothing fundamental. After a 2:1 split, the price cuts in half, but with twice the number of shares available. So, no change in the market cap. And with changes in the rules regarding partial shares, small investors are able to buy a fraction of a share eliminating the need for companies to keep nominal share prices low. ### Dow Membership Not Much of a Motivator Moreover, investors should ask if the Dow remains relevant. The public still looks at it because they always have. However, professionals tend to look more to the S&P 500 index. Also, only three of the world's 10 largest market caps are currently Dow components. Tencent (OTCMKTS:TCEHY) doesn't trade on a major American index at all. Others, such as Warren Buffett's Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), refuse to split their shares to match Dow standards. In a concession to shareholders, Buffett allowed a 50:1 split on the B shares in 2010. The A shares remain untouched. He holds to this maxim despite the nearly $300,000 price tag for a single BRK.A share. Alphabet (NASDAQ:GOOGL) has also avoided splits, except to divide shares into voting (GOOGL) and non-voting (GOOG) blocs. Amazon has shown similar attitudes toward stock splits in recent years. Both Berkshire and Alphabet seem to care little about becoming Dow stocks. I think Amazon feels the same. ### Bottom Line on an Amazon Stock Split No factors appear compelling enough to answer "Yes" to the question "Will Amazon stock split?". Once happy to do it -- until the effects of the dot-com bust took AMZN stock below $10 per share -- the company spent years recovering, and now, massive growth has given Amazon the largest market cap in the world. * 5 Dow Jones Stocks to Sell Before Things Get Uglier However, it's a world that's changed. People care less about stock prices, and small investors can purchase fractions of shares. The Dow's importance is up for debate. calling into question the one remaining motivation for a stock split. Still popular, it's no longer the gauge all of the most-important stocks. In 1919, or even in 1999, an AMZN might have willingly split the stock to join this index. However, in 2019, Charles Dow's gauge seems much less relevant. Despite successes, Amazon stock faces a high valuation and formidable rivals. Given these challenges, I believe Bezos will continue to focus on the business rather than the company's potential place on an antiquated stock index. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post Why Investors Should Not Expect An Amazon Stock Split appeared first on InvestorPlace.

  • Markit5 days ago

    See what the IHS Markit Score report has to say about Cisco Systems Inc.

    # Cisco Systems Inc ### NASDAQ/NGS:CSCO View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for CSCO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CSCO. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $11.64 billion over the last one-month into ETFs that hold CSCO are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CSCO credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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