CSCO - Cisco Systems, Inc.
| Previous Close | 49.34 |
| Open | 49.35 |
| Bid | 49.67 x 1400 |
| Ask | 49.68 x 1000 |
| Day's Range | 49.35 - 49.92 |
| 52 Week Range | 40.25 - 58.26 |
| Volume | 2,741,646 |
| Avg. Volume | 20,657,392 |
| Market Cap | 210.798B |
| Beta (3Y Monthly) | 1.10 |
| PE Ratio (TTM) | 19.05 |
| EPS (TTM) | 2.61 |
| Earnings Date | Nov 13, 2019 |
| Forward Dividend & Yield | 1.40 (2.84%) |
| Ex-Dividend Date | 2019-07-03 |
| 1y Target Est | 55.58 |
- Bloomberg
Cisco Offered $7 Billion-Plus for DataDog As Company Prepares to IPO
(Bloomberg) -- Cisco Systems Inc. approached software company Datadog Inc. in recent weeks with a takeover offer significantly higher than the $7 billion valuation it aimed for in its initial public offering, according to people familiar with the matter.Datadog rebuffed the advance to pursue a stock listing because it felt it could be worth more as a public company over time, according the people, who requested anonymity because the talks were private. Talks between Cisco and Datadog are no longer active and Datadog is committed to going public, they said.A representative for Cisco declined to comment. Datadog couldn’t immediately be reached for comment.Cisco rose less than 1% to $49.72 at 10:12 a.m. in New York trading, for a market value of about $211 billion. Several rivals to Datadog also gained, including New Relic Inc., up 5.8%, Splunk Inc., which rose 3.9% and Elastic NV, which rose 3.1%.Datadog raised $648 million in its U.S. IPO Wednesday, selling 24 million shares for $27 each after marketing them at $24 to $26. The listing values Datadog at $7.83 billion.Software companies that power business processes have delivered some of this year’s best IPO debuts thanks to high margins and solid revenue. Zoom Video Communications Inc. and Crowdstrike Holdings Inc. have doubled in value since they began trading and are among the ten best performing offerings this year, according to data compiled by Bloomberg.In 2017, Cisco succeeded in buying a company on the eve of its IPO. It acquired AppDynamics Inc. for $3.7 billion right before the data analytics company was set to price its listing.(Updates share prices in fourth paragraph, details about IPO in fifth.)\--With assistance from Crystal Tse.To contact the reporters on this story: Liana Baker in New York at lbaker75@bloomberg.net;Gillian Tan in New York at gtan129@bloomberg.net;Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net, Liana Baker, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Investor's Business Daily
Stock Market Rally Continues; Dow Jones Stock Microsoft Is Breaking Out Today
The major stock indexes were modestly higher early Thursday. Dow Jones stock Microsoft is breaking out above a new buy point.
- Financial Times
Cisco boss rejects fears of ‘technology cold war’
Speaking to the Financial Times, the telecoms equipment company boss said that the technology of the future would be built by American, European and Chinese providers — rejecting the idea of a “decoupling” or separation between the western and Chinese digital economies.
- MarketWatch
Cisco tried to scoop up Datadog before IPO but got rebuffed: report
Cisco Systems Inc. once again tried to swoop in and acquire a company as it ramped up for an initial public offering, but failed this time with a premium-valued bid for Datadog Inc. , according to a report late Wednesday. With cloud-monitoring company Datadog set to price its IPO Wednesday, Bloomberg reported that Cisco tried to scoop up the company for more than $7 billion. Datadog set its IPO pricing range at $24 to $26 a share on Tuesday, up from a previous range of $19 to $22 a share. Back in 2017, Cisco agreed to acquire data startup AppDynamics for $3.7 billion just before its IPO. Datadog rebuffed the offer and committed to its IPO, according to Bloomberg.
- InvestorPlace
History Suggests Nokia Stock Will Stay Stuck
There's a simple bull case for Nokia (NYSE:NOK) stock at the moment. 5G rollouts worldwide should drive demand growth for Nokia products. The company itself is projecting sharp earnings growth in 2020. And NOK stock is cheap, at 11.7x the midpoint of 2020 EPS guidance.Source: RistoH / Shutterstock.com That said, there's also a simple bear case for Nokia stock: we've been here before. NOK stock seemingly has been a turnaround play for most of this decade - and had similarly impressive near-term catalysts along the way.None of those catalysts have reversed the trend. NOK stock is down 40% over the past five years, and has lost two-thirds of its value in the last decade. Maybe this time is different - but the history of the tech industry, too, suggests a difficult path to upside, even with a current valuation that looks rather cheap.InvestorPlace - Stock Market News, Stock Advice & Trading Tips NOK Stock Has Been Here BeforeAs I detailed earlier this year, Nokia has had chances to drive growth -- and reverse the narrative surrounding the stock. The $7 billion sale of the company's phone business to Microsoft (NASDAQ:MSFT) turned out to be a brilliant deal. Microsoft wound up losing at least $8 billion, and finally exited at a sale price of just $350 million. Yet the huge cash infusion did little for NOK stock. * 7 Momentum Stocks to Buy On the Dip Indeed, Nokia used that cash to help bankroll its acquisition of Alcatel-Lucent, which was to make the company a networking giant. That thesis didn't pan out. The company then re-entered the phone business. That plan hasn't worked.The story now is 5G. An admittedly strong second quarter earnings report contained positive news about customer retention in the shift from 4G. Nokia expects the full benefit to start hitting its P&L in 2020. And the staggered pace of the global rollout suggests that demand should continue for years to come.That said, Nokia already has admitted that it will struggle to hit its 2019 EPS guidance. Wall Street, for what it's worth, is betting against 2020 projections as well. Consensus of $0.40 is below the company's range of €0.37-€0.42 ($0.41-$0.45). The story is attractive -- but it's been attractive before. For this entire decade, Nokia simply hasn't been able to fulfill its potential. Is Nokia Stock an Outlier in Tech?To be fair, it's not easy to execute a turnaround, particularly in tech. There are no shortage of companies who, like Nokia, have struggled to adapt.There have been some winners. Microsoft itself is the most obvious one. It was only six years ago that Microsoft stock had traded sideways for a decade. Earnings growth had been minimal for years. Microsoft is now the most valuable company in the world.But Microsoft is a software play. In hardware, products can become 'commoditized'. And competition from China, in particular, is much stiffer. Indeed, Huawei has taken significant market share, with its political worries another potential tailwind for NOK stock.And in hardware, turnarounds have been difficult. IBM (NYSE:IBM) touched a nine-year low late last year. Oracle (NYSE:ORCL) has returned 9% over the past two years while broad markets have risen sharply. Blackberry (NASDAQ:BB) has been a perpetual "next year" story as both a hardware play and, more recently, a software play. Post-split gains for Hewlett Packard Enterprise (NYSE:HPE) have stalled out. Nokia rival Ericsson (NASDAQ:ERIC) is down 37% over the past five years, a performance in line with that of Nokia stock.There's really only old-line large-cap hardware play that has driven consistent gains: Cisco Systems (NASDAQ:CSCO). And that company has scale and market dominance that Nokia simply doesn't have.To be sure, history alone doesn't suggest that NOK stock can't rally this time. There is an opportunity in 5G. The hit to Huawei's reputation at least weakens a key competitor. And Nokia stock is cheap enough if guidance is hit. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars But NOK also is a classic "this time is different" case. And as the old saw goes, those are the four most dangerous words in investing. That's been true in the past for Nokia and many similar tech plays. It could be true this time as well.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post History Suggests Nokia Stock Will Stay Stuck appeared first on InvestorPlace.
- PR Newswire
At Cisco Contact Center Summit, Cisco Sets Its Sights on the Cognitive Contact Center and Makes Cloud-Based Webex Contact Center Better Than Ever
Cisco's Contact Center Summit takes place this week in Hollywood, FL. At the event, the company will discuss how its recent AI acquisitions (Accompany, Voicea, CloudCherry) will dramatically improve contact centers. Also at the show, Cisco's cloud-based Webex Contact Center gets new enterprise-grade voice capabilities, greater scalability and new data centers in the UK and Australia.
- Zacks
Avnet (AVT) Eyes IoT Expansion With Acquisition of Witekio
The buyout of Witekio is likely to add more capabilities in embedded software, edge computing and security to Avnet's (AVT) IoT business.
- Investor's Business Daily
Is Cisco Stock A Buy Or Sell Right Now? Here's What Earnings, Charts Show
Cisco stock recently rallied 70% on views it can reinvent itself with recurring software revenue. In July, Cisco stock corrected. Here’s the technical and fundamental analysis on Cisco now.
- InvestorPlace
5 Great Dividend Stocks to Buy From the Tech Sector
[Editor's note: "5 Great Dividend Stocks to Buy From the Tech Sector" was previously published in June 2019. It has since been updated to include the most relevant information available.]When most investors hunt for dividend stocks, the technology sector is often not on their shopping list. The perception is that most technology firms need and are forced to plow every extra cent back into their businesses in order to fuel growth. As a result, tech stocks are seen as a strictly capital appreciation element for a portfolio.However, this isn't true at all. Tech stocks make for amazing dividend stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe reality is, that many firms in the tech sector are cash flow and profit machines. Thanks to surging revenues and high margins, mature tech firms simply mint money at this point. So much, in fact, that many have too much money sitting on their balance sheets. To rid themselves of that excess cash, many tech stocks have started paying some hefty dividends. And they have been growing those dividends by leaps and bounds too.In the end, when looking for dividend stocks, the technology sector should be the first stop for portfolios rather than an afterthought. But which tech stocks have what it takes to be considered good dividend stocks as well? * 7 Momentum Stocks to Buy On the Dip Here are five that are worthy of consideration. Cisco (CSCO)Source: Shutterstock Dividend Yield: 2.8%No list of dividend stocks in the tech sector can be written without the firm that started the modern trend of payouts from tech. We're talking about Cisco (NASDAQ:CSCO). CSCO started paying a token dividend back in 2011 and hasn't looked back, growing that payout by more than 480%. And it's easy to see why Cisco has become such a dividend stalwart.Sensing a slowdown in networking, router and physical equipment sales, CSCO started to pivot into more software and services. Cloud computing, cybersecurity and other such products have quickly become big-time money makers for the firm. Perhaps, more importantly, these sales come with higher margins, reoccurrence and the ability to add value/upsell networking transactions. "We just built you this massive network for your cloud operations. Would you like us to secure it as well?"Because of this, CSCO has become a cash flow giant.In fiscal Q3 alone, the firm managed to generate a 16% jump in operating cash flows once adjusting to overseas taxes paid for the Tax Cuts and Jobs Act. Meanwhile, cash on CSCO's balance sheet has swelled to more than $34.6 billion.With sales of software/services continuing to rise, CSCO should be able to keep bringing in the cash for the long haul. Even better is that the growth in data centers and 5G networking is once again boosting equipment sales.At the end of the day, Cisco is one of the best dividend stocks to buy -- tech sector or not. Seagate Technology (STX)Source: Shutterstock Dividend Yield: 4.5%Like previously mentioned Cisco, Seagate Technology (NASDAQ:STX) may seem like a relic from the dot-com days. However, STX has managed to see plenty of new life in recent years. The key is data center demand is making one heck of a dividend stock.For many years after the dot-com bust, STX struggled. The rise of mobile and tablet computing crimped PC sales. At the same time, flash-based solid-state drives (SSD) hit Seagate's platter-based hard disk drives (HDDs) right in the wallet. SSDs are faster, smaller, and more power-efficient. Manufacturers liked these facts and started favoring them in PCS and other devices. As a result, STX stocks stagnated and was looking like a lost cause.That is until cloud computing and data center demand started to take over.It turns out, those building out networks and data centers prefer capacity over speed. That makes HHDs much better suited for this application. Since Seagate dove into SSD production -- like rival Western Digital (NASDAQ:WDC) -- it's been able to reap the full benefits of this expansion. In fiscal 2019, STX managed to produce $1.8 billion in cash flow from operations and $1.8 billion of free cash flows from higher drive demand. * 7 Momentum Stocks to Buy On the Dip And naturally, Seagate has been rewarding investors with that extra cash. Today, shares yield a tech-sector high 4.5%. Apple (AAPL)Source: Yuanbin Du Via FlickrDividend Yield: 1.4%$95 billion.That's a big number. It also happens to be the amount of cash Apple (NASDAQ:AAPL) has on its balance sheet. This makes the consumer tech company one of the most cash-rich firms on the planet. That fact alone could make it a big buy. But the fact that Apple has quickly become one of the leading dividend stocks and continues to increase its buyback programs makes it a big buy right now.The key is that Apple has been able to use its vast cadre of devices to sell apps, music, movies and games. This helps Apple produce plenty of cash flows. Meanwhile, its shift into various services and other add-ons for its customers have only enhanced its cash flows further. So, even though AAPL has been handing out plenty of cash to investors, its over cash balance continues to hover over that $200 billion mark. Last year, Apple spent more than $74 billion on buybacks and raised its dividend by roughly 5.5%.With new devices hitting the markets and a focus on building out content for those devices, Apple should have no problem growing that cash balance far into the future. That should make dividend investors happy. And while there are some risks with revenue slowdowns and Chinese trade, that massive cash pile provides such a huge cushion to keep the dividend grow going.With that, Apple is still one of the best dividend stocks to buy. Equinix (EQIX)Source: Shutterstock Dividend Yield: 1.8%One of the biggest trends in tech continues to be the growth of cloud computing and mobile access. Any time you use an app to go shopping or check your bank balance, you're tapping into a data center far away. It turns out that's a very good business to be in. Just ask Equinix (NASDAQ:EQIX).EQIX is the world's largest owners of these data centers -- with more than 200 under its umbrella. The key is that EQIX doesn't actually own or really operate the centers, it's a real estate investment trust (REITs). That is, it owns the specialized buildings and rents space inside to firms to build their required computing needs. It's essentially an apartment building owner for computers.Given the continued surge in data center demand from e-commerce, cloud computing, and mobile operations, EQIX has been sitting pretty over the last few years. In Q2, its net income jumped 22% versus Q1. This continues the REIT's string of strong performance.The data center giant has paid plenty of special stock dividends to its shareholders and has managed to grow its cash payout by 45% since 2014. * 7 Momentum Stocks to Buy On the Dip With continued demand for data centers assured, EQIX is the best dividend stock to play tech's backbone. Shares currently yield 1.8%. First Trust NASDAQ Technology Dividend ETF (TDIV)Source: Shutterstock Dividend Yield: 2.4%Considering that this list didn't even touch such amazing tech dividend stocks like Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) or even Texas Instruments (NYSE:TXN), one approach could be to think broad. There are plenty of tech ETFs on the market, but only the First Trust NASDAQ Technology Dividend ETF (NYSEArca:TDIV) tackles the sector with a dividend approach.The $1 billion fund tracks an index that screens for tech stocks that have paid a regular or common dividend within the past 12 months and haven't cut the payout either. This provides exposure to all the top names in tech that pay dividends -- currently at 92 different stocks. This includes all the names on this list as well. That focus also throws off a surprising amount of income as well. Today, TDIV has an SEC 30-day yield of nearly 3.17%. That's' better than the S&P 500 and current yields on Treasury bonds.And as a total return component, TDIV has been top notch. Since its inception in 2012, the ETF has roughly doubled in share price and managed to produce an average annual return of around 12%. That's around the same as the S&P 500. The key is that TDIV has been less volatile than the broader index. Less volatile than all the tech stocks in the broader index as well. The secret is in the power of the dividends.All in all, for investors looking to score some hefty dividends from tech and take advantage of the sector's growth, TDIV could be the best way to capture those benefits.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post 5 Great Dividend Stocks to Buy From the Tech Sector appeared first on InvestorPlace.
- Bloomberg
Oracle Unveils More Autonomous Software to Boost Cloud Growth
(Bloomberg) -- Oracle Corp. unveiled an operating system that runs without the need for human oversight, part of a raft of new software tools meant to ease the company’s rocky transition to cloud computing.The operating system expands Oracle’s line of autonomous products beyond databases, the company’s flagship software. Chairman Larry Ellison announced the new Linux-based product Monday during remarks at OpenWorld, Oracle’s annual user conference in San Francisco.“If you eliminate human error in autonomous systems, you eliminate data theft,” Ellison said on stage. The feature makes Oracle’s products more secure than those sold by cloud leader Amazon Web Services, he said.Ellison said the operating system, which the company’s Autonomous Database runs on, will update itself without any downtime.The world’s second-largest software maker has sought to revive sales growth after years of almost stagnant revenue. Oracle hopes that a lineup of “self-driving” programs could help differentiate the company’s offerings against products from Amazon.com Inc. and Microsoft Corp. Those companies are the top two in the market to rent storage and computing power, which is projected to reach almost $39 billion in 2019. The tools may also entice longtime Oracle customers to upgrade their technology to take advantage of artificial intelligence and machine learning capabilities.Oracle disclosed last week that Mark Hurd, one of the company’s two chief executive officers, would take a leave of absence to treat an unspecified illness. Ellison and Oracle’s other CEO, Safra Catz, said they would fill in for Hurd, who has overseen the company’s sales and marketing efforts.The Redwood City, California-based company also announced a variety of changes and new programs to bolster its partner ecosystem:Oracle unveiled an agreement with VMware Inc. to bring virtualization software to Oracle’s cloud, similar to deals VMware has signed with Microsoft and Google.Customers will be able to buy software made by other companies in the Oracle Cloud Marketplace, which may help company partners including Cisco Systems Inc. and Palo Alto Networks Inc.Oracle also said it expanded a relationship with cybersecurity company McAfee Inc. to bring its security incident software to Oracle’s infrastructure cloud.Ellison said Oracle would offer a free version of its Cloud Infrastructure, giving developers, students and others perpetual access to the company’s autonomous database, computing and storage.The company plans to launch 20 additional cloud data-center hubs, called “regions,” by the end of 2020. Ellison said the company would have more regions around the world than AWS.Oracle will let customers run the autonomous database in their own data centers next year, and unveiled new servers with updated memory components from Intel Corp.To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- PR Newswire
S&P 500 buybacks decline significantly in Q2 2019; expenditures still remain higher than the pre-2018 levels
- Q2 2019 share repurchases were $164.5 billion - 20.1% lower than Q1 2019, 13.7% lower than Q2 2018, and 26.2% lower than the record Q4 2018. - Apple continues to lead, spending $18.2 billion - down from ...
- Investing.com
Stocks - U.S. Futures Fall After Oil Attacks in Middle East
Investing.com - U.S. futures pointed to a weak opening bell on Monday as oil prices spiked to their highest level since May after drone strikes hit more than half of Saudi Arabia’s oil capacity over the weekend.
- GuruFocus.com
Cisco Systems Inc (CSCO) EVP, LglSrvs & GenCnsl Mark D Chandler Sold $537,187 of Shares
EVP, LglSrvs & GenCnsl of Cisco Systems Inc (30-Year Financial, Insider Trades) Mark D Chandler (insider trades) sold 10,733 shares of CSCO on 09/13/2019 at an average price of $50.05 a share. Continue reading...
- InvestorPlace
Cisco Stock Isn’t a Growth Stock Anymore — And That’s OK
For a good portion of this year, Cisco Systems (NASDAQ:CSCO) was one of the best-performing names in the Dow Jones Industrial Average and impressive player among large- and meg-cap, mature technology companies.Source: Ken Wolter / Shutterstock.com Escalation of the U.S.-China trade spat vanquished the Cisco stock ebullience last month and the shares have only recent shown signs of snapping out of their doldrums. Though Cisco stock is up 3.12% for the week ending Sept. 12, the shares reside more than 14% below the 52-week high. Disappointing fiscal first-quarter guidance is one of the primary reasons why Cisco stock went from hero to dud in a matter of days."Cisco sees revenue for the quarter flat to up 2% compared with a year earlier, which implies a range of $3.1 billion to $3.36 billion, below the Street consensus at $3.4 billion," according to Barron's. "Cisco sees non-GAAP profit of 80 cents to 82 cents a share for the quarter, below consensus at 83 cents."InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Discount Retail Stocks to Buy for a Recession Mr. Market was probably right to punish Cisco stock on the back of that poor profit preview. Think about the carnage in Cisco stock this way: investors embrace mature, older technology companies, like Cisco, for lack of earnings variability and volatility. If an investor wants growth and the risks that come with it, there are plenty of other places to be in tech.So when a company like Cisco disappoints on earnings or guidance, the repudiation is likely to be severe, as it recently has been for Cisco stock. Pep TalkThere's some good news as it pertains to Cisco stock, starting with the fact that it has some supporters on Wall Street and there may some underappreciated elements to the story here.Recently, Piper Jaffray analyst James Fish did a sum-of-the-parts analysis on Cisco and arrived the company being worth $244 billion, or $57 a share. That compares with a close just under $50 with a market value of $211 billion on Thursday, Sept 12. The analyst isn't saying Cisco can break up, but rather is pointing out growth opportunities in the name.As I've noted a couple of times here, Cisco is "old school" by the technology sector's standards, but that isn't a detraction. The company is heavily involved with some high-growth technology segments, including cloud computing, cybersecurity and Internet of Things (IoT)."As networking teams are adopting cloud solutions, Cisco is proliferating software, analytics, wireless, and security offerings to satisfy nascent trends," said Morningstar in a recent research piece. "With its extensive product portfolio, we see Cisco as the only one-stop-shop networking vendor. We believe Cisco's vast existing installation base and budding product offerings, like network monitoring and analytics, keep Cisco as an industry leader."With Cisco stock, investors get some leverage to fast-growing market segments, but the growth comes at a fairly reasonable price (about 15x forward earnings) and with a 2.80% dividend yield. There's Not Much Growth Ahead for CSCO, But Steadiness Should ReturnCisco will likely grow revenue at 3% to 4% over the next three or four fiscal years. That's nowhere growth stock territory, but if the company can offer modest surprises here and there with low earnings variability, conservative investors seeking technology exposure could be compelled to revisit Cisco stock.Increased device connectivity via the booming IoT market is another potential driver for Cisco stock, though one that's likely to be longer ranging in nature."The company's wireless segment is well positioned to capitalize on the growing number of devices touching networks," said Morningstar.Additionally, Cisco is an epic capital return story. The company has pledged to return 50% of cash flow to investors via dividends and buybacks. A decade ago, its annual dividend was 12 cents a share. Today, it's $1.40. * 10 Recession-Resistant Services Stocks to Buy If the company could push gross margins into the 65% area and operating margins into the 30% realm, those could be significant catalysts for Cisco stock over the medium term.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Cisco Stock Isn't a Growth Stock Anymore -- And That's OK appeared first on InvestorPlace.
- Zacks
The Zacks Analyst Blog Highlights: Amgen, Cisco, Berkshire Hathaway, T. Rowe Price and McKesson
The Zacks Analyst Blog Highlights: Amgen, Cisco, Berkshire Hathaway, T. Rowe Price and McKesson
- Zacks
Cisco (CSCO) Up 8% Since Last Earnings Report: Can It Continue?
Cisco (CSCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- InvestorPlace
5G Stocks: How to Invest in the Technology That “Is Going to Change Everything”
There has been strong demand for better and faster communications for literally thousands of years -- from smoke signals to homing pigeons to the Pony Express, telegraphs, and telephones. Call it the thousand-year bull market … one that I can see continuing for another 1,000 years.Fortunately, we don't need to think that far ahead to make money now. In fact, we can start right now. The next great leap in technology and communications is happening as we speak, and this move to 5G is going to be the biggest one yet.Think about how important technology has become to our economy, our lives, and our world over the last century. Take technology away and almost everything collapses.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf that's not the definition of infrastructure, I don't know what is. It used to be roads, and now it's the information super highway. Technology is everywhere … from our computers to our clothes dryers to our cars.Investors who recognized this trend in the 1980s and 1990s and owned the best internet infrastructure stocks made a ton of money:Intel (NASDAQ:INTC) was the leader in semiconductors. Those chips were a big part of the foundation, and the stock soared more than 3,500% in the 1990s.Applied Materials (NASDAQ:AMAT) made the equipment that made all of those chips. Its return in the 1990s: more than 6,150%.Then there was Cisco Systems (NASDAQ:CSCO), the king of communications and networking equipment. This stock went from under $1 per share in the early 1990s to $43 by the end of the decade for life-changing returns of nearly 34,000%! (The stock took off so sharply in the late 1990s that you can see how the higher prices on the y-axis are mushed together.)We are now on the verge of the most advanced breakthrough of all -- a new infrastructure that will not only make communications faster but enable virtually all of the coming technological innovations across the world.Just as there were fortunes made in prior generations, there will be big money made once again. In fact, I think this opportunity is even bigger because the leap ahead will drive other tech trends -- some of the most powerful the world has ever seen.Think of it as the next-generation toll road. The road to the future passes through 5G wireless technology, and it's time to set up our booth and start collecting. "A Game Changer for Humanity""Get ready," 5G "is going to change EVERYTHING," says Forbes.ZDNet says it's so critical that it's going to "replace the future."Financial Times calls it simply "a game changer for humanity."5G is poised to fundamentally alter the very fabric of society. This tech is little-known (as of now), but it is going to be the centerpiece of an entire new generation of groundbreaking technologies. That's pretty heady stuff, and I completely agree.It is the key driver of what insiders are already calling the "Next Industrial Revolution."In fact, that's exactly why USA Today claims "it has the potential to usher in the fourth industrial revolution -- it's that massive."MIT calls it "the next technological revolution."Tech insiders are already claiming the impact of 5G will be like the printing press, the internet, and the steam engine.That's why billionaire investors like Bill Gates and Ray Dalio are beginning to invest millions of dollars into this emerging tech. Companies like Facebook (NASDAQ:FB), Alphabet (NASDAQ:GOOGL), and Amazon (NASDAQ:AMZN) are secretly making massive investments in it as well.Here's my prediction: If you invest in 5G today, it could be like getting in on the early days of Amazon, when investors could have made a massive 102,000% gain. Or Alphabet, which has allowed investors who bought when it first went public as Google to make more than 20 TIMES their money.I want to help you do that. How to Get StartedTech insiders estimate more than one trillion devices will be connected over the next 10 to 15 years. Automotive … financial services … agriculture … retail … defense … healthcare … manufacturing … media and entertainment … transportation … public safety … construction. It's all about to be revolutionized.The rollout of 5G is going to be MUCH bigger than 4G.4G was an improvement. 5G is a game changer.When exactly does all of this excitement happen? This time around, we have so many more applications in mind -- just waiting for this breakthrough. $53 TRILLION in new revenue will be added to the economy over the coming years, and those who become early backers of these technologies could make a fortune.It's already started.I believe 5G is so important to our world and to investors that I want to talk much more with you about it in the coming days. I want to make sure you understand what it is, why it's so revolutionary, and most importantly how to make money.I am incredibly excited about this the once-in-a-lifetime opportunity, and I know you will be, too, as you learn more about it. Stay tuned.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies Using AI to Grow * The 10 Biggest Winners From Second-Quarter Earnings * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post 5G Stocks: How to Invest in the Technology That "Is Going to Change Everything" appeared first on InvestorPlace.
- Zacks
Top Research Reports for Amgen, Cisco & Berkshire Hathaway
Top Research Reports for Amgen, Cisco & Berkshire Hathaway
- TipRanks
2 Tech Stocks Surging on Analyst Upgrades
Markets are rising so far in September, after a rough August. The S&P 500 is up 2.7% this month, bringing the index’s year-to-date gains to almost 20%. And looking forward, two stocks are poised for particular outperformance. These are stocks that are buzzing following two notable analyst ratings. Analysts usually reiterate ratings – so upgrades speak volumes about a stock's potential. We found these stocks by filtering for the latest upgrades on the Daily Analyst Ratings, an up-to-date listing of the most recent stock reviews by analysts. Let’s look more closely, and see what the analysts had to say about these two recent upgrades. Micron Technology, Inc. (MU)The world’s fifth largest semiconductor company, with $31.8 billion in revenues last year, Micron (MU – Get Report) has proven more resilient than its peers, with less price volatility this past summer in the face of increased US-China trade tensions. MU shares have gained 12.6% so far this month, with 59% gains year-to-date.The strong stock performance drew notice from Longbow analyst Nikolay Todorov, who upgraded his stance on the stock from neutral to buy. In his comments, he wrote, “We are turning more positive on memory fundamentals as we now believe excess inventory will be depleted faster than expected, triggering an improvement in pricing and margin ahead of current expectations.”Going into greater detail, Todorov added, “Our checks highlight upside in shipments and improving DRAM and NAND pricing fundamentals associated with upside at select hyperscales and risk of tightening supply. As a result, upstream inventory drawdown is occurring faster than previously forecast, which should drive a bottoming in DRAM fundamentals by year-end to pair with an in-process recovery in NAND fundamentals.” Todorov’s price target of $66 suggests an impressive 30% upside for MU.Todorov is not the only bull on Micron. Weston Twigg, from KeyBanc, set raised his price target from $45 to $58, saying, “Barring a recession, we expect memory trends to improve through 2020.” Twigg’s new target implies a potential upside of 15%.The upbeat analyst reviews of MU shares, along with the general optimism about the company’s near- to mid-term prospects, pushed the stock price up in recent days, well above its average price target. As well as the upward trending share price, MU has a Moderate Buy rating from the analyst consensus, based on 14 buys, 5 holds, and 2 sells set in the last 90 days. Cisco Systems, Inc. (CSCO)We may live in the digital age, but our information networks live on hardware. And Cisco (CSCO – Get Report) is the leading provider of the networking hardware that makes up the physical connections of the internet.Cisco has done well as the hardware man for the tech world. Shares are up 14.5% year-to-date. While that is below the S&P average of 19%, the most recently quarterly report showed an EPS beat of 1.32%. Steady growth and earnings have made Cisco a favorite with investors, as has the company’s 2.96% dividend. The quarterly payment is a modest 35 cents per share, but Cisco has a policy making regular increases and the dividend has grown 13% in the last 5 years.The strong market position attracted attention from 5-star Evercore analyst Amit Daryanani. He initiated his coverage of this stock with a buy rating and a price target of $60, suggesting a robust upside potential of 20%. Daryanani believes that future hardware investment in the tech sector will focus on the upcoming 5G networks. He writes of Cisco: “Investors are underappreciating Cisco's shift towards a more predictable and free-cash-flow-focused model. The transition CSCO is undergoing merits investors focusing more on an FCF-based valuation vs. traditional price-to-earnings approach.“Cisco is well-positioned as an end-to-end solutions provider across the enterprise networking product spectrum; CSCO’s unique portfolio of assets allows the company to address emerging growth adjacencies (security, services, cloud-based solutions) while maintaining market leading positions in several core networking product categories.”Also bullish on Cisco is James Fish, of Piper Jaffray. Writing in mid-August, Fish said, “We believe that the stock warrants a higher valuation than the market is offering. We see good risk-reward on Cisco at current levels as long as the company's growth segments… continue to execute.” Fish’s $57 price target implies an upside of 12% for CSCO.Cisco is up 4% since Daryanani opened his coverage, and up 8% for September so far. The stock’s Moderate Buy consensus rating is based on 22 reviews, including 16 buys and 6 holds. The average price target of $56.47 suggests an upside of 11% from the current share price of $50.60.Visit our Top 25 Experts page today, and find out more about Wall Street’s best stock watchers.
- InvestorPlace
5 Dividend Stocks with Large Share Buybacks
Stocks that pay good dividends and also have significant stock buyback programs provide numerous benefits to investors. These benefits include: * Share reductions from buybacks allow the stock to increase its dividends per share. * Buybacks act as a natural buffer for the stock. * Earnings per share increases for the same amount of net income. * Buybacks act to sterilize share dilution from management and employee options. * Lower share counts over time increase the remaining shareholders' stake in the company. * Compared to dividends, buybacks are a much more tax-efficient return of capital.For these reasons, there is a clear trend in the United States stock market for companies to spend more on share buybacks. CNBC recently reported that according to a Goldman Sachs (NYSE:GS) study, U.S. share buybacks are expected to hit $1 trillion this year. Corporations are using over 104% of their free cash flow for buybacks, up from 82% last year. * 10 Stocks to Sell in Market-Cursed September I'm going to focus on five stocks that pay shareholders dividends and have large share buyback programs. Combined, these dividends and buybacks provide large total yields. And over time, these stocks are likely to be good investments.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dividend Stocks to Buy: Apple (AAPL)Source: thanat sasipatanapa / Shutterstock.com Dividend Yield: 1.4%Apple (NASDAQ:AAPL) stock has an attractive 1.4% dividend yield. But it returns even more capital to shareholders through its large share buyback program. AAPL has spent over 107% of its free cash flow on buybacks in the past year. The company has cut its shares by 32% in the last six years.Based on recent analysis, Apple stock will have an estimated 6.5% buyback yield over the next year, giving it a nearly 8% total yield.For example, AAPL recently reported that it spent $17 billion in share repurchases and $3.6 billion in dividends in its most recent quarter. The buybacks alone, if continued each quarter, represent on an annualized basis just under 7% of its market value ($68 billion dividend by $975 billion).Expect good things from Apple's stock buyback program in the years to come, including higher dividends per share and higher earnings per share. Microsoft (MSFT)Source: gguy / Shutterstock.com Dividend Yield: 1.4%Microsoft (NASDAQ:MSFT) stock yields 1.4% and has a large share buyback program. It just completed a $25 billion share repurchase program. In the past quarter alone, MSFT spent $7.7 billion on shareholders, including $4.2 billion in share buybacks.These repurchases have reduced the amount of MSFT shares outstanding by over 30% in the past 15 years. Since Microsoft stock has a $1 trillion market value, its annual spending of over $16 billion in buybacks represents a 1.6% buyback yield. Combined with the 1.4% dividend yield, MSFT sports a 3% total yield. Oracle (ORCL)Source: Jer123 / Shutterstock.com Dividend Yield: 1.7%Oracle (NYSE:ORCL) stock has a 1.7% dividend yield, but has a massive buyback program. In the past year alone, ORCL spent $36 billion on buybacks, representing 20% of its $182 billion market value.In its last eight fiscal years, ORCL has reduced its share count by over 33% using its free cash flow to repurchase shares. All eyes are going to be on ORCL's August fiscal first-quarter earnings statement to see how many shares it has bought back. Since ORCL spent over 280% of its free cash flow on buybacks, effectively drawing down its cash balance, I suspect ORCL's buyback activity may have been reduced for the August quarter. * 7 Stocks to Buy In a Flat Market Nevertheless, at the rate its buybacks occurred last fiscal year (ending in May), Oracle stock sports an annualized 20% buyback yield. Its free cash flow yield is 7.5% of its market value.ORCL will post its earnings Sept. 12, including its cash flow statement which will show the share repurchase amounts. Cisco (CSCO)Source: Sundry Photography / Shutterstock.com Dividend Yield: 2.8%Cisco (NASDAQ:CSCO) stock has an attractive 2.8% dividend yield. Cisco stock also has an attractive buyback program. This is because the company is expected to make $7.7 billion in share repurchases this year.Compared to its $206 billion market value, this gives CSCO stock a 3.7% buyback yield. Its total yield is an appealing 6.5% (2.8% dividend yield plus 3.7% buyback yield).In the past ten years, CSCO has reduced its shares outstanding by 27%, and should reach close to a 30% reduction this year. The main reason for this is that CSCO produces abundant free cash flow -- over $15 billion in this year alone.Expect that shares will continue to fall at CSCO. This has the benefit of allowing CSCO to be able to raise its dividend per share for the same amount of earnings its produces. It also increases earnings per share. Lastly the share buybacks act as a continuing source of demand for the stock, will help push the stock higher over time. McDonald's (MCD)Source: 8th.creator / Shutterstock.com Dividend Yield: 2.2%McDonald's (NYSE:MCD) stock enjoys a 2.2% dividend yield, but also engages in large share buyback activity. MCD reported that it expects to complete its three-year $25 billion share buyback program by the end of this year.This represents an average of $8.3 billion in share buybacks per year. Since MCD stock has a $158 billion market value, the average buyback yield is 5.3% of its stock market value.Combined with the 2.2% dividend yield, the buyback yield gives MCD an estimated 7.5% total yield. This means that over 7% of MCD's stock value is returned to shareholders on average each year through either dividends or buybacks.On Aug. 30 Mark Hake launched the Total Yield Value Guide, which focuses on high-total-yield value stocks. Subscribers during September receive a 20% discount and a two-week free trial. As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Mark Hake runs the Total Yield Value Guide which you can review here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post 5 Dividend Stocks with Large Share Buybacks appeared first on InvestorPlace.
- Zacks
Avnet & Trusted Objects to Offer Comprehensive IoT Solutions
Avnet (AVT) partners with Trusted Objects to ensure faster time to market, cost reduction and better security for developers seeking to secure IoT deployments in cloud, middleware and on-device.
- PR Newswire
Zenoss Announces Unlock & Extend Program for Cisco UCS Customers
Program Offers Unified Monitoring for UCS and All Cloud and On-Premises Infrastructure AUSTIN, Texas , Sept. 11, 2019 /PRNewswire/ -- Zenoss, a leader in intelligent application and service monitoring, ...
- Investor's Business Daily Video
Investing Strategies: Cisco Looks To Recover After Plunge On Guidance Miss
Cisco is recovering after gapping down on a guidance miss last month. Daniel Flax of Neuberger Berman discusses why he thinks Cisco is well positioned at the intersection of 5G, networking and security.
- Bloomberg
Former Cisco CEO Chambers on Mark Hurd's Leave of Absence, Trade War, IPO Market
Sep.11 -- John Chambers, founder of JC2 Ventures LLC and former chief executive officer of Cisco Systems Inc., discusses Oracle Corp. CEO Mark Hurd taking a leave of absence, global trade tensions, the health of the IPO market and alternative food sources with Bloomberg's Taylor Riggs on "BloombergTechnology."
