|Bid||24.00 x 1800|
|Ask||0.00 x 1400|
|Day's Range||27.01 - 27.25|
|52 Week Range||23.61 - 30.80|
|Beta (3Y Monthly)||0.20|
|PE Ratio (TTM)||16.95|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||0.76 (2.84%)|
|1y Target Est||26.07|
Cisco Stock Up 3.92% after Upbeat Q2 Earnings(Continued from Prior Part)Strong cash flows Cisco Systems (CSCO) ended the second quarter of 2019 with an operating cash flow of $3.8 billion, down 7% YoY. The figure includes the payment of $0.8 billion
Cisco Stock Up 3.92% after Upbeat Q2 Earnings(Continued from Prior Part)Cisco’s earnings performance Cisco Systems (CSCO) posted better-than-expected earnings in the second quarter of fiscal 2019 on February 13 after the market bell. Second-quarter
Cisco Stock Up 3.92% after Upbeat Q2 EarningsCisco’s stock price movement Cisco Systems (CSCO) stock increased 3.92% in after-hours trading on February 13 after the tech giant reported upbeat results for the second quarter of fiscal 2019, which
Just as IoT (Internet of Things) became a buzzword for many years before it started taking off, the same is happening with 5G. 5G is the next-generation standard for wireless communications. It promises to give wireless devices, especially the mainstream smartphone, lower latency and faster speeds. And because such uses as video streaming and IoT in automotive and appliances benefit from a faster backend network, investors will not want to miss out on the 5G revolution.The 5G upgrade is being driven by big U.S. telecom firms that are getting ready to test 5G sometime in the middle of this year. So as the upgrade cycle unfolds, investors will want to buy network suppliers offering 5G equipment.Before hopping on the 5G investment play, be wary on one outlier: Huawei. The U.S., along with other G7 countries, are blocking the company from selling telecom equipment. If this happens, other networking suppliers will win more business deals. But if Huawei somehow appeases the U.S. and is allowed to sell its 5G equipment, then that may raise the competitive pressures for all players in this space.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best ETFs You Can Buy With all of that in mind, here are five of the best 5G stocks to invest in now.Source: Shutterstock Cisco Systems (CSCO)Cisco Systems (NASDAQ:CSCO) may offset its slowing Security business if it wins 5G networking supply deals. It sells connections and network that protect connections worldwide. Cisco 5G Power x is a cloud-to-client approach to 5G. The solution delivers an open, hyper-programmable architecture (according to the information posted on its website). Any combination of cellular, Wi-Fi and IP access is supported.Cisco stock trades at just below 20 times forward earnings and earnings are expected to grow by nearly 10% for the next five years. This pace could be even higher as the rate of 5G orders increases this year.Source: Shutterstock Nokia (NOK)Nokia Corporation (NYSE: NOK) is trading in an uptrend that began in August 2018, and for good reason. Huawei's troubles could give Nokia's Alcatel-Lucent unit a positive lift as it wins 5G networking upgrades this year. In the fourth-quarter report released on Jan. 31, Nokia reported revenue growing 3.3% year-over-year. Looking forward, CEO Rajeev Suri said that he expects Nokia's performance to strengthen in 2019 over 2018. The meaningful shift to 5G will drive this business upswing. Longer-term growth will come from optical, macro radio, fixed wireless access and even software. But 5G will help these areas, through the second wave of upgrades of private wireless technology. This includes LTE and 5G-ready networks.Nokia is in a leadership position as 5G commercialization unfolds. The company is confident that it will dominate in the Americas, as well as in Europe, Middle East & Africa and Asia-Pacific. * The 10 Best ETFs You Can Buy Nokia stock trades at 14 times forward earnings. At the Mobile World Congress 2019 event on Feb. 25 - 28, Nokia may give more details on its success in the 5G rollout.Source: Shutterstock Ciena Corporation (CIEN)Trading near yearly highs, Ciena Corporation (NYSE:CIEN) will probably continue posting impressive quarterly results. In the Q4 report posted on Dec. 13, 2018, Ciena's earnings grew from 46 cents to 53 cents a share. With its next report on Mar. 5, before market open, chances are good that the company will report another earnings beat. The market is valuing the stock at just 17.4 times forward earnings.Looking beyond the current quarter, the strong demand for 5G will drive fiber densification into the access network. This creates a great opportunity for Ciena to help as new platforms get created. The new set of capabilities include integrating coherent optics into these platforms. This is Ciena's core market strength. 5G is not a direct driver for Ciena, but the bandwidth and user experience needs in the back-end are. So, expect revenue growth in this segment to do very well for 2019.Source: Shutterstock AT&T (T)AT&T (NYSE:T) introduced the first standards based on the mobile 5G network in 12 cities very recently. It is ahead of schedule in deploying the network. On the backend, fiber deployment, which is foundational to its 5G network, now reaches 11 million customer locations. This is on top of 8 million business locations.AT&T's leadership in 5G gives the telecom giant an edge over other carriers as it offers network improvements that include better speeds for its customers. As the rollout for 5G reaches critical mass, investors in AT&T stock will look forward to sustained revenue growth, strong cash flow and a dividend yield that is close to 7%. * 7 Reasons to Own Coca-Cola Stock Investors might worry over the cost of building a nationwide 5G network. Competitors are offering the same, but AT&T benefits from a wider bandwidth and higher revenue per user. This happens as customers upgrade to a better, faster service offering.Source: David Via Flickr Juniper Networks (JNPR)Juniper Networks (NYSE:JNPR) shares dipped slightly after the company reported light fourth-quarter results. Still, the business model pressure will be offset with the MX 5G product refresh. Management believes MX 5G will add meaningfully to revenue in the second half of this year. The routing business will strengthen, thanks to the 5G investment cycle. Should Juniper grow its market share, the firm may cross-sell its secure infrastructure solution -- firewall technology -- further adding to its revenues in the years ahead.For 2019, the carrier 5G deployment will help lift revenue. Juniper also believes the 400G upgrade cycle and the enterprise multi-cloud initiative will be a positive tailwind for the company over the next few years.As of this writing, Chris Lau held shares of Nokia Corporation. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post 5 Best 5G Stocks to Buy As the Trend Heats Up appeared first on InvestorPlace.
Juniper Networks, Inc. (JNPR) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
Akamai Technologies (NASDAQ:AKAM) stock has been stuck in a descending channel for almost a year. This earnings report could be its ticket out it.Source: Shutterstock Last night, it reported earnings and, so far, Wall Street likes what it saw. Management beat on all relevant metrics and guided a strong quarter ahead on strong demand. One could find fault in some expenses but these are growth companies and they need to spend to maintain their growth. As long as they meet the bottom line expectations, costs are not an issue.We now live in a world where technology is part of almost every aspect of it. So as we transition our daily activities online, crime will follow. The cloud, as popular as it has become, thanks to Amazon (NASDAQ:AMZN), creates new opportunities for criminals to exploit.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLast year, the issue of privacy came to light in a big way thanks to Cambridge Analytica and Facebook (NASDAQ:FB). Public opinion matters, and I bet companies are scrambling to plug every vulnerability point so they don't fall prey to hacks.This is all to say that Akamai and its competitors will have years of strong demand on their services. Because the migration to the electronic world is still in its infancy stage. This is a trend with staying power. * The 7 Best Video Game Stocks to Power Up Your Portfolio! Fundamentally, Akamai stock is not cheap. It sells at a 46X price-earnings ratio. This is expensive in absolute terms, say, compared to Apple (NASDAQ:AAPL), which sports a P/E of 14X. This is also three times more expensive than Juniper Networks (NYSE:JNPR) and NetApp (NASDA:NTAP). So buying it for value is not the argument here.Coming into the earnings report, AKAM stock sported a bullish pattern that had $75 as a target. For the short term, AKAM stock has had a big 21% rally off the December lows. From here, it should face resistance as it approaches prior pivot levels. But these same resistance points if the bulls can overcome them become breakout triggers for momentum traders.Over the longer-term, the chart is not that pretty. The daily chart shows that AKAM stock is in a descending channel since last June. It has been setting lower higher and lower lows for months. Here it is against at the upper edge of that channel where typically it fails.This happened back in early December and they the stock failed miserably. What is different this time is the overall sentiment. Back then, the stock market was falling precipitously on high fear levels.Technically, the zone between $68 and $71 per share has been pivotal for almost five years. AKAM has traded above it but it was labored and it didn't last. And the corrections out of the zone resulted in corrections of 30% over two months of selling.So those who want to trade the potential of this breakout here have to study the short-term charts closely and set the stop losses accordingly. Otherwise they may be stuck in a long-term investment and not a trade. These corrections have rebounded in the past but they took months. This all depends on the trader's intentions of course. Bottom Line on AKAM StockThis morning the stock is trading above $68.51, which was a trigger level on a bullish cup-and-handle pattern targeting $75 zone. AKAM is also approaching a very important line at $70.50. If the bulls can close above it then would trigger a buy signal on the four-hour chart. This was the last major fail level from Dec. 3.If that happens, it would confirm the first breakout pattern and more importantly give it enough momentum to clear the dreaded long term descending channel. That breakout would be more important than the others that brought it to here.The Wall Street analysts have not given up on the stock. They are split between BUY and HOLD and it is trading well below their average price targets. So if the bulls can follow through with the breakout of the channel, AKAM could have a long way to go especially if the markets, in general, continue their rally.Conversely, losing $66 per share would open the hatch to $63.74, which is a potential trap door to $62 per share. Those are not forecasts but levels I need to watch.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 7 Forever Stocks to Buy for Long-Term Gains * 5 Self-Driving Car Stocks to Buy Compare Brokers The post Akamai Stock Is a Wild Horse - Here's How to Tame It appeared first on InvestorPlace.
Juniper (JNPR) aims to introduce several new products over the next few quarters to stoke its competitive position across service provider, cloud and enterprise market.
SUNNYVALE, Calif., Feb. 12, 2019 -- Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today announced the Company will host the.
SUNNYVALE, Calif., Feb. 12, 2019 -- Juniper Networks (NYSE:JNPR), an industry leader in automated, scalable and secure networks, today announced a major refresh to its metro,.
said the transition is paying off. IT teams are now able to respond quickly to business changes and deploy applications that in the past would have taken months, he said. The transition to the cloud ended in December, when the company closed the last of its 18 data centers.
Enterprise Update: SYMC, CHKP, PANW, SAP, QCOM, INTC, and MU(Continued from Prior Part)Company banking on subscription business to drive growthCheck Point Software Technologies (CHKP) is aiming to hit a revenue milestone of $2.0 billion in 2019.
Enterprise Update: SYMC, CHKP, PANW, SAP, QCOM, INTC, and MUNoviello to stay on until successor appointed Nicholas Noviello, Symantec’s (SYMC) CFO, has decided to step down from the position to pursue opportunities outside the cybersecurity
Juniper Networks Inc NYSE:JNPRView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for JNPR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding JNPR totaled $20.09 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording 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. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. JNPR credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.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.
The Chinese-born brothers are now billionaires from their stakes in Fortinet Inc., the Silicon Valley-based network security software firm they co-founded almost two decades ago, according to the Bloomberg Billionaires Index. Cloud-focused firms including Fortinet and Palo Alto Networks Inc. have benefited as businesses update their computer infrastructures, posing a threat to more established network software providers such as Cisco Systems Inc. and Juniper Networks Inc. Fortinet counts most Fortune 500 companies as its customers, according to its website.
FireEye (FEYE) Q4 results are likely to benefit from a healthy security market, strong product lineup and deal wins. However, intense competition is an overhang.
The bilateral trade woes with China continue to haunt the sector and mar the earnings season, which has been quite a dampener compared with the past few quarters.
NEW YORK, Jan. 31, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Juniper Networks, Inc. (NYSE: JNPR ) reported preliminary fourth-quarter results Tuesday that came in below expectations and were delivered alongside a concerning outlook. Here's how five analysts reacted. ...
tumbled 7.6% to $25.83 on Wednesday after the computer network equipment maker reported "disappointing" fourth-quarter sales and warned of continued weakness with its cloud customers in the first quarter. "We are disappointed by our Q4 sales, as continued weakness with several of our cloud and service provider customers more than offset solid momentum in our enterprise business," CEO Rami Rahim said in a statement. For the year, Juniper Networks reported earnings of $566.9 million, or $1.60 a share, while revenue totaled $4.65 billion, down 7.6% from a year ago.
Investing.com - The Dow surged on Wednesday as a dovish Fed and upbeat earnings sparked a sea of green across across Wall Street.