|Bid||23.58 x 800|
|Ask||23.59 x 3200|
|Day's Range||23.39 - 23.64|
|52 Week Range||22.42 - 30.80|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||16.69|
|Forward Dividend & Yield||0.76 (3.22%)|
|1y Target Est||N/A|
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
While Juniper (JNPR) augments network capabilities in the United Kingdom, Viasat (VSAT) extends its footprint in the Latin American market of Brazil.
Juniper Networks (JNPR) aims to improve the infrastructure facilities of Telefonica UK to reduce the complexity of its network, while increasing operational flexibility and efficiency.
U.S. stocks barely budged on Monday, with slight gains in shares of Apple offset by mixed economic data that added to caution over the prolonged U.S.-China trade war. Apple Inc rose 0.5% after U.S. trade regulators approved 10 of 15 requests for tariff exemptions by the iPhone maker. Micron Technology Inc, which supplies components to Apple, advanced 0.9%.
U.S. stocks were higher in late afternoon trading on Monday, helped by gains in shares of Apple Inc, though mixed economic cues in the face of a prolonged U.S.-China trade war limited the advance. Apple Inc rose 0.9% after U.S. trade regulators approved 10 out of 15 requests for tariff exemptions by the iPhone maker. Micron Technology Inc, which supplies components to Apple, rose about 1.8%.
Apple Inc boosted the S&P 500 and the Nasdaq on Monday, even as gains were limited by mixed economic cues in the face of a prolonged U.S.-China trade war. Apple Inc rose 0.5% after U.S. trade regulators approved 10 out of 15 requests for tariff exemptions by the iPhone maker.
On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about unusually high options activity in iShares China Large-Cap ETF (NYSE: FXI ) and DISH Network Corp (NASDAQ: DISH ). He said options ...
More than once over the past couple of decades, networking giant Cisco Systems (NASDAQ:CSCO) has been lumped in with other hardware stocks, and rightfully so. For the better part of its existence, Cisco stock has been an investment in networking hardware. Its business has been mostly dependent on enterprise-level IT upgrades.Source: Valeriya Zankovych / Shutterstock.com As the underlying technologies have changed, however, so too have Cisco's opportunities. It's still a hardware name to be sure, but it's also a software name. It's even becoming a recurring revenue platform.This paradigm shift didn't even come close to staving off a huge setback in August. CSCO stock fell from its July peak near $58 to last month's low around $46, with most of the selloff sparked by lackluster guidance for the quarter now underway. Headwinds in China also concerned shareholders.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe dip is ultimately an opportunity to step into a misunderstood and undervalued name. CSCO Stock Undervalued, UnderappreciatedThe post-earnings response was understandable.Cisco stock was already fighting a losing battle, peeling back from its July peak after announcing its intent to acquire Acacia Communications (NASDAQ:ACIA). Despite topping earnings and revenue estimates for the three-month stretch ending in July and pumping up the top line by 6%, earnings guidance of between 80 and 82 cents per share for its first fiscal quarter of 2020 wasn't the 83 cents analysts were modeling. Sales growth could also be flat for the quarter underway, following a 25% tumble in the previous quarter's China-driven revenue. Though the top end of Cisco's guidance was 2%, it was still short of consensus projections of 2.5%. * 7 Best Tech Stocks to Buy Right Now The steep 20% selloff, however, largely ignores the fact that Cisco stock is now trading at 18.7 times its trailing earnings and only 13.6 times its forward-looking income.There are cheaper stocks out there, but there aren't cheaper stocks out there like CSCO. Indeed, even the usual valuation measures don't apply without a footnote. In this case that footnote is $33.4 billion worth of liquid assets or outright cash sitting on Cisco's balance sheet, versus its market cap of $201 billion.The valuation also doesn't reflect the fact that, although it's been occasionally uneven thanks to new competition from the likes of Juniper Networks (NYSE:JNPR) and Arista Networks (NYSE:ANET), Cisco hasn't failed to produce some level of profit in any quarter for over a decade. That includes the 2008 recession prodded by the subprime mortgage meltdown.And that reliability is only poised to improve. Cisco Embraces SubscriptionsThe company has arguably touted the idea more than it's mattered yet. Nevertheless, recurring revenue is a key part of its new business model.For the record, it's actually been a piece of the Cisco strategy as far back as 2017. That's when the tech giant launched its first-ever subscription-based product leveraging its Catalyst 9000 networking platform. But, CEO Chuck Robbins explained in March that recurring revenue should make up 30% of the company's total business within the next three years.To that end, as of the recently ended quarter, software subscriptions made up 70% of total software revenue. Applications and services only accounted for a little more than one-third of Cisco's total business.It's not clear if the company's fiscal trajectory is on pace to reach the goal. The paradigm shift within the technology arena favors Cisco exceeding that goal rather than falling short of it.One only has to look at the evolution of cloud computing to see renting rather than owning is the new norm. Amazon (NASDAQ:AMZN) has built a multi-billion dollar business on the premise of providing access to remote servers to organizations that don't want a giant server bank on-site, or can't afford the cash needed to outright buy a data center.Cybersecurity service provider FireEye (NASDAQ:FEYE) has taken the idea a step further. It provides an entire suite of cloud-based digital security solutions that in the past would have been installed on-premise. Its customers enjoy the fact that for a small recurring fee, their service providers keep that cloud-based software, service and storage up-to-date.Amazon and FireEye like the fact that the underlying contracts make for predictable revenue.The trend dovetails nicely into Cisco's relatively new software-based routing platforms like its SD-WAN, which automatically remain up-to-date and secure without any major maintenance needed on the user's end. In the past, major improvements may have required a much more expensive purchase of new hardware. The Bottom Line for Cisco StockIt's all still a work in progress making it difficult to pinpoint where Cisco will be three years from now. Indeed, it's difficult to say where the company will be one year from now. To the extent its risk and potential can be weighed, however, Cisco stock looks like a buy-worthy bargain here.Headlines spurred an emotional response last month, which resulted in a knee-jerk selloff. Weakness in China didn't help in that regard. A closer inspection of the numbers would have made clear that Asia still only accounts for 15% of total revenue.Either way, with a potential end to the tariff war looming at the same time the company is just getting very, very good at revenue-steadying subscriptions, this beaten-down iconic name just might make for a decent addition to most portfolios.As of this writing, James Brumley held a long position in FireEye. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post Buy Cisco Stock for the Bargain, Stick With it for the Stability appeared first on InvestorPlace.
Palo Alto's (PANW) fourth-quarter fiscal 2019 results are likely to be driven by its strong product portfolio, which is aiding customer acquisitions.
The U.S. Securities and Exchange Commission said on Thursday that it had fined and settled with California-based Juniper Networks, Inc. more than $11.7 mln to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA). The cybersecurity firm violated internal accounting controls and record-keeping provisions of the FCPA, the agency said. Juniper Networks, Inc. did not admit or deny the agency's claims, but has agreed to "cease and desist from committing or causing any violations" and to pay $4,000,000 in disgorgement, $1,245,018 in prejudgment interest, and a $6,500,000 civil penalty," the SEC said.
Juniper Networks, Inc. (NYSE:JNPR) is about to trade ex-dividend in the next 4 days. You can purchase shares before...
Rating Action: Moody's assigns Baa2 rating to Juniper Networks' proposed debt issuance; outlook stable. Global Credit Research- 19 Aug 2019. New York, August 19, 2019-- Moody's Investors Service assigned ...
U.S. sanctions against Chinese tech giant Huawei were suspended through Monday, Aug. 19. What the Trump administration does next has big implications.
Could Juniper Networks, Inc. (NYSE:JNPR) be an attractive dividend share to own for the long haul? Investors are often...
The wait for Nokia (NYSE:NOK) stock to gain traction continues. A second-quarter earnings and revenue beat sent its shares surging higher. However, Nokia stock has almost fallen back to the $5.20 per share level where it traded before the company released its quarterly report.Source: Shutterstock NOK can benefit tremendously from the adoption of 5G. But until the company delivers profits and increases investors' confidence, Nokia stock will struggle. Reinvention, Low Valuation Have Not Helped Nokia StockThanks to its purchase of Alcatel-Lucent in 2016, Nokia has reinvented itself as a telecom-equipment maker. Consequently, Nokia's equipment has helped facilitate the transition to 5G service. While NOK's reinvention should have helped Nokia stock, that hasn't been the case so far.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn January 14, 2016, the day of the Alcatel deal, Nokia traded at an adjusted price of $6.39 per share. Today, Nokia stock sells for around $5.22 per share, meaning that NOK has lost more than 16% of its value in the last 3.5 years. * 15 Growth Stocks to Buy for the Long Haul After the downturn, NOK is a reasonably-priced stock. The decline has taken its forward price-earnings (PE) ratio to about 13. Analysts' average estimate predicts that Nokia's profit won't rise this year. However, the average estimates call for an earnings increase of 51.9% next year and average annual profit growth of 23.9% over the next five years, as more consumers and businesses begin to use 5G.Unfortunately, NOK stock has burned investors before. Of course, Nokia was blindsided by the advent of the smartphone. I have recommended NOK repeatedly, only to always see it fail to gain traction. Those who listened to me have collected a dividend, but Nokia stock has not delivered a sustained rally. Can Nokia Stock Finally Recover?So what will boost Nokia stock? InvestorPlace contributor Thomas Niel believes NOK will not move much in the near-term. However, he also thinks "new developments on the 5G front" could turn into the catalyst Nokia needs.But telecom companies can turn to equipment makers besides NOK, including Ericsson (NASDAQ:ERIC), Cisco Systems (NASDAQ:CSCO), and Juniper Networks (NYSE:JNPR).NOK traded above $60 during the height of the dot-com bubble. It surpassed $40 per share in 2007 when its share of the cell phone market was 49.4%. That year, Apple's (NASDAQ:AAPL) introduction of the iPhone pushed NOK into a descent from which it never recovered. As a result, confidence in Nokia has dropped. The company will need to restore that confidence if it wants to spark a recovery in NOK stock. Should Investors Buy NOK?I see no evidence that Nokia will become the leader of the telecom-equipment sector. Most other investors probably feel the same way For this reason, NOK stock has traded between the high-$3s per share and the high $8s per share range since 2013. Given this pattern, investors can probably forget about NOK stock reaching $40 or $60 anytime soon.However, once 5G is adopted more extensively, Nokia stock could break out of its current range. Historically, NOK has traded at an average P/E ratio of 25.3. If NOK meets analysts' average 2019 EPS estimate of 27 cents, and its PE multiple rises to its historic average of 25.3, NOK stock price would reach $6.83. If its 2020 EPS reaches the average estimate of 41 cents per share, and its PE ratio rises to 25.3, the stock price would reach $10.37.If NOK, boosted by the 5G revolution finds a way to beat the average estimates, the long-awaited recovery of Nokia stock could finally materialize.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 * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post Multiple Expansion, 5G Can Boost Nokia Stock appeared first on InvestorPlace.
Yahoo Finance Editor-in-Chief Andy Serwer sits down with JC2 Ventures CEO, John Chambers. Chambers also served as executive chairman and CEO of Cisco Systems.