|Bid||45.55 x 800|
|Ask||45.56 x 4000|
|Day's Range||44.86 - 45.62|
|52 Week Range||33.44 - 49.47|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||2,279.75|
|Earnings Date||Nov 14, 2018|
|Forward Dividend & Yield||1.32 (2.96%)|
|1y Target Est||51.32|
CNBC's Bob Pisani and Mad Money Host Jim Cramer look at what happened during the sell-off over the last two days and what investors should do now.
Jim Cramer zips through his take on callers' favorite stocks, including a technology hardware giant in the throes of marketwide weakness.
The latest tariffs enacted by the Trump Administration against China are not expected to help solve the problem of intellectual property theft from American companies and instead could hurt U.S. companies, including many in the technology sector.
According to research firm Dell’Oro Group, Ericsson (ERIC) is the leader in the global evolved packet core (or EPC) market. Its research report states that Ericsson’s share in EPC is higher than China’s (FXI) Huawei.
In the previous part of this series, we saw that analysts expect Ericsson’s (ERIC) revenue to decline 5% in the third quarter of 2018. Ericsson’s sales might decline marginally by 0.6% to $22.9 billion in 2019 before rising 1.3% in 2020. While Ericsson’s EPS could fall 6% in 2018 to $0.16, analysts expect it to rise 125% in 2019 and at a CAGR (compound annual growth rate) of 229% over the next five years.
Netflix but has been growing its Hollywood presence aggressively, poaching top talent from its legacy studio and network rivals. Now a new report says the streaming giant's outsized salaries are roiling Tinseltown.
As of October 9, IBM’s (IBM) closing price was $147.24 per share. IBM has a market capitalization of ~$134.4 billion. IBM stock is trading 7.1% higher than its 52-week low of $137.45 and nearly 14% lower than its 52-week high of $171.13.
Cisco has handily beaten the S&P 500 index over the trailing 12 months, but can it keep giving investors market-beating returns?
Bullish stock chart patterns will persist in the best growth stocks. They will keep offering big profit opportunities thanks to human emotions at play.
As of October 9, the analysts from different brokerage firms that track IBM (IBM) stock provided ratings. Of the 24 analysts covering the stock, nine recommended a “buy,” 12 recommended a “hold,” and two recommended a “sell.” One analyst provided an “overweight” recommendation.
Cisco Systems (NASDAQ:CSCO) stock had a great 2018 … until October, when Cisco stock started started falling along with other technology stocks. While high volatility in the broader market is likely to continue for several more weeks, there are two mildly bearish plays in CSCO stock that I want to share with you, as each play could lead to impressive profits. Cisco, which is known for its networking hardware, such as routers and switches, has lately been diversifying into software and cloud support services.
A glimpse at the 30-stock blue-chip index will reveal that the recent meltdown is likely to be transitory and can provide a good entry point for investors.
The 257-point rally in Dow Jones Industrial Average futures is unanimous early Friday, as all 30 components are trading higher in the premarket. Among the biggest gainers, shares of Microsoft Corp. ran up 2.9%, Visa Inc. climbed 2.6% and Cisco Systems Inc. rose 2.5%. The most active stock was Apple Inc.'s , which gained 2.3%. The Dow's bounce follows a 1,378-point drubbing the past two sessions. Microsoft's stock had shed 5.7% the past two sessions, as part of a sharp pullback in technology stocks.
The unusually bearish action has made trading particularly tricky, as nearly all stock charts are pretty well rattled and therefore difficult to read. Stock charts of Cisco Systems (NASDAQ:CSCO), Weyerhaeuser (NYSE:WY) and Rockwell Collins (NYSE:COL), however, may be some welcome exceptions to that current norm. Cisco Systems shares have suffered the same basic fate as other stocks have this week so far.
NEW DELHI/MUMBAI (Reuters) - India said on Thursday it will raise import tariffs on several electronic items and communication devices, in another move to rein in imports and bolster a falling rupee. The tariff hike, the second such move by India in a two week span, was announced late on Thursday by New Delhi as it attempts to raise import barriers to curtail the import of goods it deems as "non-essential" items. The latest set of increased tariffs could ratchet up trade tensions with the United States and China, among other countries and hurt the likes of network equipment makers such as Cisco Systems Inc, Huawei Technologies Co, ZTE Corp, Ericsson, Nokia and Samsung Electronics.
India said on Thursday it is raising import tariffs on several electronic items and communication devices, in a bid to rein in imports and contain the slide in the rupee. This is the second time in two weeks that the government has moved to raise import tariffs, as it aims to curtail the import of goods that it deems as "non-essential" items. It was not immediately clear how much of a tariff increase is being levied on each specific item.
Sales of cybersecurity products are growing faster than the overall tech industry as businesses seek to defend themselves against financial crimes and disruption of their operations caused by hackers. Shares of Imperva rose 28 percent to $55.10. The 16-year-old company helps businesses protect their websites and data from cyberattacks, vying for business with F5 Networks Inc and Akamai Technologies Inc, among others.
While popular companies Google and Apple do not have a headquarters in Florida, the state has a growing number of high-tech, high-wage jobs that may give California's tech promise land a run for its money. Silicon Valley has a bevy of innovative, high-tech and well-known companies that pay a lot of money, but the acclaimed haven for the industry may lose a bit of its luster due to the cost-of-living in the area rising, which may bode well for Florida. A few more surprises are coming to light as more big tech employers reveal how much they pay a typical worker.
The stock of cybersecurity (HACK) firm FireEye (FEYE) fell 5.4% on October 8 to close at $16.43. The stock is currently trading 23% above its 52-week low of $13.40 and 15% below its 52-week high of $19.36. FireEye stock is currently trading below its IPO (initial public offer) price of $20.
Cisco says Textio's augmented writing tool, which creates gender-neutral job ads to resonate with a diverse pool of people, has greatly improved its diversity numbers. Ebay, DropBox, Twitter and others are betting on it too. Textio made CNBC's 2018 Upstart 100 list as a start-up to watch.
Catalyst Labs, a management company run by Jon Sakoda, filed to raise $500 million. Cisco is the fund's principal investor. Sakoda will be making early bets, expanding Cisco's start-up investing strategy, which has been focused on later-stage companies.
Karthik Subramanian joined Evolution Equity Partners last month to help the Zurich- and New York-based firm establish an office in the Menlo Park-Palo Alto area, one of two high-level venture defections in September from Cisco's security unit.
Donald Trump imposed a second round of tariffs on $200 billion in Chinese (FXI) imports on September 24. With these tariffs, Trump looks to force China to reduce its trade surplus with the United States, improve American intellectual property protection, and give US-based companies greater access to Chinese markets.