CSCO - Cisco Systems, Inc.
| Previous Close | 58.05 |
| Open | 58.13 |
| Bid | 0.00 x 2200 |
| Ask | 0.00 x 4000 |
| Day's Range | 57.46 - 58.21 |
| 52 Week Range | 40.25 - 58.26 |
| Volume | 11,501,067 |
| Avg. Volume | 22,441,793 |
| Market Cap | 246.656B |
| Beta (3Y Monthly) | 1.03 |
| PE Ratio (TTM) | 19.99 |
| EPS (TTM) | 2.88 |
| Earnings Date | Aug 14, 2019 |
| Forward Dividend & Yield | 1.40 (2.41%) |
| Ex-Dividend Date | 2019-07-03 |
| 1y Target Est | 58.91 |
- InvestorPlace•12 hours ago
3 Dow Jones Stocks to Buy for the Next Decade
The Dow Jones Industrial Average may be a fundamentally flawed index in terms of how it's weighted -- choosing to use price rather than the market cap -- but in terms of what companies are in the index, the Dow Jones can't be beat. Dow Jones stocks represent the "Bedrock of America" and some of the most important companies on the planet. There's a reason why financial media still quotes the close and movements of the Dow Jones Industrial Average.However, some of the thirty Dow Jones stocks are better than others. This is especially true when looking at what names will still be in the index down the road and continuing to lead in the world of business.Some Dow stocks feature very forward-looking businesses models and operations. It's these firms that will still be alive and kicking far into the future. And it's here that investors can score on some future potential and the gains and dividends that come with it. In the end, while the Dow is still important, but some stocks within the index are just better than others.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Monthly Dividend Stocks to Buy to Pay the Bills With all of that said, you might be wondering: Which Dow Jones stocks have the best long-term potential? Here are three of the best stocks to buy from the index. Visa (V)Source: Shutterstock When it comes to long-term bets with the Dow Jones stocks, Visa (NYSE:V) has to be at the top of the list. The firm is one of the biggest plays on the continued shift toward a cashless society. And as one of the oldest and largest names in the space, V continues to dominate as we reach for plastic rather than cash.The reason is Visa's business model. The firm functions as a toll-road and collects fees from merchants, banks and other institutions every time someone uses a credit or debit card. V simply operates a secured payment network and moves money from one account to another. So, despite having a Visa logo on your credit card, V itself isn't issuing credit or lending you money.This middleman position is incredibly important for the future. More transactions continue to hit Visa's network. Over the first three months of the year, Visa processed more than 47 billion transactions. This was a 9% year-over-year jump and it's only growing further. With online commerce and fewer people using cash, Visa will be the dominant force going forward. The firm also continues to make inroads into additional services to keep upstarts like PayPal (NASDAQ:PYPL) at bay.The best part of all of this is that V features very fat margins and amazing cash flow growth. More transactions on its network simply mean bigger profits for the firm. And it continues to share those profits with its investors -- growing its dividend by 850% over the last decade.The future cashless society will run on Visa. That fact makes one of the best Dow stocks to buy for the long haul. Disney (DIS)Source: Shutterstock Let's be honest, as long people have children, Disney (NYSE:DIS) is going to be making money hand over fist. And lately, DIS has plenty of reasons to underscore that fact.For one thing, its buyout of 21st Century Fox created a media powerhouse. This brought many major movie and T.V. franchises under one roof. And if anybody can monetize that content through a variety of channels, it's Disney. And one of those ways will be its new streaming services.Disney has already begun pulling its shows and movies from rival streaming services in order to make them exclusives to its new Disney+ service. That's big because the vast of streaming is kids programming. With the complete Disney, Lucasfilm, Marvel and Pixar movie libraries as plenty of its original programming content from the Disney Channel, Disney+ will be the go-to channel for parents looking for entertainment.When you combine with the firm's new moves in its park and recreation divisions -- such as Star War's Galaxy Edge -- as well as continued movie development from its studios, there's a lot to like about DIS stock for the long haul. And we've already begun to see those results. Just take a look at Disney's record second-quarter earnings. Those great results don't even take into account streaming yet. * 7 ETFs With Oodles of Diversification For investors, DIS stock is a perfect blend of growth for the long haul. Cisco (CSCO)Source: Shutterstock These days, that famous scene in The Graduate wouldn't be about plastics, but about the cloud. Cloud computing, networking, the app economy continues to reshape how businesses and consumers do, well, everything. Which is why Dow Jones stock, Cisco (NASDAQ:CSCO) continues to be an amazing long-term pick.CSCO's bread-n-butter remains networking and communications equipment. It still builds all the switches routers, modems and other guts needed to make modern data centers and the internet/cloud computing function. This isn't a bad business to be in as data center demand continues to grow. Analysts at Jones Lang LaSalle estimate that data center demand will double by 2021 as cloud adoption grows. That will send plenty of money Cisco's way.But the ace up Cisco's sleeve has to be its newfound focus on services and software.The firm now offers plenty of tangential products designed to go along with networking. They can not only build you a network but secure it, offer data analytics and other similar products to look after this equipment. These services often come with long subscription times and very fat margins. It's here, that CSCO has quickly become a cash cow and one of the best dividend stocks in the technology sector.Its approach on both equipment and services sales, coupled with rising overall data center demand, CSCO has the goods to keep growing far into the future.As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Dow Jones Stocks to Buy for the Next Decade appeared first on InvestorPlace.
- Zacks•16 hours ago
The Zacks Analyst Blog Highlights: Cisco, Home Depot, Merck, Humana and Public Service Enterprise
The Zacks Analyst Blog Highlights: Cisco, Home Depot, Merck, Humana and Public Service Enterprise
- Zacks•17 hours ago
Fortinet to Secure Canadian Government's Perimeter Services
Fortinet (FTNT), which already protects the IT infrastructure of the Canadian government, will provide cloud and data center services to Shared Services Canada and its clients to protect Internet edge.
- Motley Fool•yesterday
An Acquisition Molds Extreme Networks Into a Cloud Leader
Buying Aerohive Networks helps Extreme Networks' position in cloud networking software and creates a path to increased profitability.
- Zacks•2 days ago
Cisco Systems (CSCO) Outpaces Stock Market Gains: What You Should Know
Cisco Systems (CSCO) closed at $58.05 in the latest trading session, marking a +0.17% move from the prior day.
- Zacks•2 days ago
Top Stock Reports for Cisco, Home Depot & Merck
Top Stock Reports for Cisco, Home Depot & Merck
- InvestorPlace•2 days ago
3 Breakout Stocks to Buy
Last week's gallery on breakout stocks to buy delivered big-league profits. So we're returning to the well for three more candidates that boast price charts brimming with potential.This week's targets are inspired in large part by the S&P 500, which closed at a new record high of $3,013.77 on Friday. Nothing brings buyers to the yard like a major index touching its highest price in history. It reveals optimism and a risk-on attitude.Last week's demand surge was aided in part by Federal Reserve Chair Jerome Powell's testimony before Congress that all but confirmed the market's expectation for a rate cut at the upcoming July 31 meeting. Betting markets peg the odds of a quarter-point cut at 72% and a half-point cut at 28%.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dependable Dividend Stocks to Buy Without further ado, check out these three breakout stocks to buy. 3 Breakout Stocks to Buy: Cisco (CSCO)Source: ThinkorSwim Friday's rally for Cisco (NASDAQ:CSCO) succeeded where its predecessor did not. Last month's breakout attempt over $57.50 was met with rejection and sharp selling. Friday's bid, however, powered through the ceiling and closed at a new 52-week high.With the gain, CSCO stock officially ended its three-month consolidation zone and signaled that the next stage of its uptrend is upon us. I'd use $60 as the first upside target. It would take a break below the 50-day moving average at $55 to invalidate the bullish backdrop. So until then, the path of least resistance is higher.At 41%, the implied volatility rank is fiddling in the middle of its range. Couple that with earnings coming over the next month, and I think bull call spreads are the way to go.Buy the Sep $57.50/$60 bull call spread for around $1.20. Home Depot (HD)Source: ThinkorSwim Home Depot (NYSE:HD) was one of the best stocks on the board Friday. The retailer surged 2% on heavy volume to a new all-time high. On the technical front, there's nothing not to like about its price action. The 20-day and 50-day moving averages are trending higher to confirm buyers' dominance of the short- and intermediate-term trends.A few accumulation days have cropped up over the past two weeks to signal institutions are wading into the waters. As far as options go, implied volatility is in the basement revealing an utter lack of uncertainty in the stock. That means prices for derivatives are dirt cheap. Long calls and call spreads offer great low-risk, high-reward bets right now. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond If you think the good times continue to roll, then buy the Sep $220/$230 bull call spread for around $3.75. Spotify (SPOT)Source: ThinkorSwim Last week's rally ushered Spotify (NYSE:SPOT) to the cusp of a clear breakout zone. In fact, SPOT stock looks better than at any time since last year's IPO. This summer's recovery pushed shares of the streaming music service back above all its major moving averages for the first time.The base built throughout 2019 should serve as a solid foundation to build an uptrend from if buyers decide to press their advantage here.If SPOT can clear $155, look for a run toward the next ceiling of $170. To capitalize, buy the Oct $160/$170 bull call spread for around $3.30.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 3 Breakout Stocks to Buy appeared first on InvestorPlace.
- Investopedia•3 days ago
Why Big Tech Stock Buybacks May Be Slowing
Heavy buyback action has contributed to outperformance by tech stocks in 2019, but the cash available for future share repurchases is running low.
- Investor's Business Daily•5 days ago
IBD Stock Of The Day Ciena Looks To Gain From Industry Consolidation
Telecom gear supplier Ciena is the IBD Stock Of The Day. Ciena is trading near an 11-year high after the Cisco Systems acquisition of Acacia Communications raised the profile of its peers.
- Zacks•5 days ago
3 Internet of Things Stocks to Buy for July
Today we've highlighted three, Zacks buy-ranked stocks with growing IoT businesses that investors might want to consider at the moment...
- American City Business Journals•5 days ago
Report: Life science sees robust IPO activity in Q2, VCs still bet on AI tech
The New England region grabbed 8.9 percent of second quarter deal count and 8.9 percent of second quarter deal value, according to a new report.
- Zacks•5 days ago
Dow Breezes Past 27,000: 5 Stocks That Drove ETF
The Dow Jones topped 27,000 for the first time in its history.
- Investopedia•5 days ago
Cisco Systems Stock Could Test 19-Year Resistance
Cisco shares look set to mount resistance in the $50s and take a giant step toward 2000's all-time high.
- Zacks•5 days ago
Dow Breezes Past 27,000: 4 Blue-Chip Stocks to Buy
The 30-stock index closes above the 27,000 mark for the first time. It took nearly 372 days for the blue-chip index to cross the 27,000 mark from when it reached the 26,000 mark in January 2018.
- Investor's Business Daily•5 days ago
Stock Market Hits Record High On Fed Chief Powell; Cisco Buys Acacia, Delta Earnings Top, Cigna Flies On Rebate Rule Reversal: Weekly Review
The stock market hit highs this week as Fed chief Jerome Powell signaled a July 31 Fed rate cut. Cisco will buy Acacia, Delta earnings beat, Cigna soared on a drug rebate rule reversal.
- Zacks•5 days ago
Dow 30 Stock Roundup: Cisco to Buy Acacia, Microsoft & ServiceNow Partnernership
The index endured a turbulent week but gained after the Fed Chair indicated that a rate was likely later this month.
- American City Business Journals•6 days ago
How much sense does Cisco’s $2.6B Acacia acquisition make? Analysts weigh in on Chuck Robbins' second-biggest buy
Analysts are somewhat split on how much sense the deal makes. It would be Cisco's second-biggest under CEO Chuck Robbins.
- Market Realist•6 days ago
Navigating the Benefits and Hurdles of Cisco’s Acacia Acquisition
Cisco Systems has decided to acquire its supplier Acacia Communications for ~$2.6 billion in cash. How will each company benefit?
- PR Newswire•6 days ago
Cisco Webex Brings the Apollo Team Back Together to Mark the 50th Anniversary of Historic Lunar Landing--and You Can Tune in Too
ORLANDO, Fla., July 11, 2019 /PRNewswire/ -- Fifty years ago next week, a Saturn V rocket launched the Apollo 11 and the world was never the same. To mark the momentous occasion that led to man's first steps on the moon, the Apollo 50th Gala will take place on July 16 at the iconic Apollo/Saturn V Center at the Kennedy Space Center Visitor Complex. Most of us remember the names of Neil Armstrong and Buzz Aldrin, but it took a huge team of 400,000 to make Apollo 11 a success.
- Zacks•6 days ago
Stock Market News For Jul 11, 2019
Markets ended higher on Wednesday following Powell's testimony before the Congress.
- Zacks•7 days ago
China Could Be a Roadblock in Cisco's Acacia Acquisition
Cisco has announced its agreement to buy Acacia, which has a big China exposure.
- InvestorPlace•7 days ago
Cisco Stock Investors Party Like It’s 1999. It’s Not.
Shares in Cisco Systems (NASDAQ:CSCO) haven't been this hot in 20 years. Back then, Cisco briefly reigned as the world's most valuable company, its switches and routers being at the heart of this new thing called "the internet."Source: Shutterstock Those days are gone, along with the sweet, sad song of your dial-up modem. But Cisco stock is up 33% so far in 2019. The bull run continued July 10 as analysts applauded its $2.6 billion buyout of Acacia Communications (NASDAQ:ACIA), due to close at the back end of a fiscal year that begins in August.Acacia was already supplying optical interconnects for Cisco switches. Buying the company gives Cisco intellectual property it can use to keep selling gear to both the Cloud Czars and their retinue, the co-location sites, telcos and scaled enterprises that are constantly demanding more speed from their connections.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut is this an offensive or defensive move? Fighting HuaweiOf all the large U.S. tech companies, none is as much in the crosshairs of China's Huawei as Cisco.Huawei was the main target for President Donald Trump in the China trade war, but this week's relaxation of those sanctions means its lower-cost networking gear is back in the frame, at least for international buyers. * 7 Retail Stocks to Buy for the Second Half of 2019 The companies I call the Cloud Czars -- Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Facebook (NASDAQ:FB) -- are always focused on cutting costs in their data centers, where capital spending now costs $100 billion per year.Low-cost, commodity hardware built with open-source standards always has an advantage in this market, against any proprietary solution. Huawei sales have risen nearly 10-fold in the last decade.As the relationship between Huawei, with its low costs, and U.S. companies thaws, Cisco needs control of patented technology to stay relevant. The result has been a buying spree. It bought Duo Security last year for $2.35 billion in cash and stock; then chip maker Luxtera for $660 million in cash and assumed equity; and, now, Acacia. Cisco Stock Is Not CheapIndustry analysts and market analysts all approve this strategy, which is why Cisco is a hot stock.At around $57 per share, Cisco has a market cap of $244 billion. By some metrics, the price is still reasonable -- the trailing price-to-earnings ratio is under 20, and it offers a 35-cent quarterly dividend yielding 2.5%. But until this year, Cisco was considered a dividend aristocrat, not a growth play.As one analyst (OK, it was me) wrote last year, "boring can be beautiful." Even in May I called Cisco a conservative tech investment, suggesting you just put it in your pocket and let time work its magic.That article was published soon after I took my own advice and stuck some Cisco in my own retirement account, at about $51.40 according to my bookie. (OK, it was my broker.) I'm up 10% in three months, plus there's that dividend, still better than the 2.07% yield on a 10-year government bond. The Bottom LineCisco is still Cisco. It's not BeyondMeat (NASDAQ:BYND). This is not 1999. My red beard is not coming back.The moves CSCO stock has made in the last year, and the moves it will continue to make, are primarily defensive in nature. Cisco CEO Chuck Robbins knows that, as hardware becomes software, maintaining a proprietary edge against low-cost solutions remains essential.That's going to cost money. Cisco is spending money. It had nearly $25 billion in cash and short-term securities in the bank as of March. Acacia represents just over 10% of that cash, a small price to pay for protecting its exposed flank.Just be aware. That flank remains exposed.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT, AMZN, AAPL, and CSCO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on College Students' Radars * 7 Retail Stocks to Buy for the Second Half of 2019 * The S&P 500's 5 Best Highest-Yielding Dividend Stocks The post Cisco Stock Investors Party Like Itas 1999. Itas Not. appeared first on InvestorPlace.
- Benzinga•7 days ago
The $2.6B Cisco-Acacia Deal: 2 Analyst Takes On The Optics
Bank of America's Tal Liani maintained a Buy rating on Cisco with an unchanged $62 price target. Cisco offered to acquire Acacia for $2.6 billion in what looks like a "defensive and offensive move," Liani said in a Wednesday note. On the offensive side, the deal will expand Cisco's switches and routers through adding new use cases and target markets, the analyst said.
- Yahoo Finance Video•11 hours ago
How consumer confidence will 'continue to climb' with China trade deal and Fed rate cut
U.S. retail sales beat expectations in June, climbing 0.4% last month. Jimmy Lee, CEO of The Wealth Consulting Group, joins Seana Smith on 'The Ticker' to discuss.
- Bloomberg•6 days ago
Cisco VP Diedrich on Acacia Deal, 5G, U.S.-China Spat
Jul.10 -- Guy Diedrich, vice president and global innovation officer at Cisco Systems Inc., talks about the agreement to buy Acacia Communications Inc.. He also discusses fifth-generation wireless technology, and the trade disputes between the U.S. and China. He speaks on "Bloomberg Daybreak: Australia."
