|Bid||53.31 x 900|
|Ask||53.56 x 1800|
|Day's Range||53.14 - 54.00|
|52 Week Range||40.19 - 54.00|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||19.45|
|Earnings Date||May 15, 2019|
|Forward Dividend & Yield||1.40 (2.62%)|
|1y Target Est||55.13|
The 737 MAX’s Growing Risk Prompts Argus to Downgrade BoeingBoeing gets downgraded Boeing (BA) lost a long-term bullish backer today, with Argus Research downgrading its rating for the stock to “hold” from “buy,” citing the plane
China Might Exclude Boeing’s 737 MAX from the Trade DealChina might not buy Boeing’s jets In another setback for Boeing (BA), China might not buy the company’s 737 MAX jets as part of its trade negotiations with the US, according
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)First platform produced based on Metamako technologyArista Networks (ANET) recently unveiled a new network application platform, expanding its range of enterprise
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)Juniper out to buy investor confidenceJuniper Networks (JNPR) is one company that has lined up hundreds of millions of dollars in shareholder capital return programs
Boeing: Investigation Focuses on the FAA's Approval ProcessFAA’s approval process Boeing (BA) shares fell again on March 18 following reports that the 737 MAX investigation has reached the FAA (Federal Aviation Administration). Citing a report
ORLANDO, Fla. , March 19, 2019 /PRNewswire/ -- Imagine you're walking into a conference room for a big meeting. The screen on the wall wakes up as you enter. "Hi," it says. It calls you by ...
The improvements mark the first integration of features from Cisco’s acquisition last year of business intelligence startup Accompany. Amy Chang, the founder of Accompany, now heads Cisco’s collaboration unit and is trying to add momentum to Chief Executive Officer Chuck Robbin’s push to generate more revenue from software and services. In its most recent quarter, the applications division that is home to Webex posted sales growth of 24 percent.
An activist investor wants to know what drug giant Gilead is doing with its multibillion-dollar windfall from the 2017 federal tax overhaul.
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)America leading anti-Huawei push Cisco Systems (CSCO) CEO Chuck Robbins suggested in a recent media interview that the ongoing push by some Western governments to
AppDynamics, a Cisco company and the leader in application intelligence, today announced it has been named a Leader in Gartner’s 2019 Magic Quadrant for Application Performance Monitoring *. Together with Cisco, AppDynamics is at the forefront of businesses’ digital transformation journeys, providing visibility and insight into complex environments and automating IT tasks to free up resources to drive new innovation.
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)Cisco wants to drive tech innovation Cisco Systems (CSCO) recently announced a plan to invest around $11 million to grow its business in Canada. The investment will go
Despite its long history, Cisco Systems (NASDAQ:CSCO) may have only just begun. Cisco stock once flew so high that it briefly attained the largest market cap. After the end of the dot-com boom, CSCO languished for years.Source: Shutterstock However, CSCO stock has taken on a new identity as a dividend-paying stock focused more on software and security. As a result, it appears positioned to benefit from the growth of 5G wireless technology.Between the dividend and the emergence of 5G, CSCO appears set to become one of the essential growth and income stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks That May Be Hurt by This Year's Big IPOs Cisco: The Income StockI once had quite a history with Cisco stock. I bought shares in 1997, and I was thrilled when they had risen eightfold in just over two years thanks to the dot-com boom. Depressingly, I then watched most of my gains melt away over the next year and a half before I finally sold for a more modest profit.Much like I have become a different investor, Cisco has become a different company. The old Cisco focused on hardware. Today, the emphasis has shifted to software and security. Moreover, the Cisco of old focused on investments, buying companies, and inspiring a higher stock price. Today's Cisco trades 36% below its record high of 19 years ago and emphasizes its rising dividend.As for the payout, the company will pay out $1.40 to shareholders this year. This places the current yield at almost 2.7%. Moreover, CSCO has hiked the payout every year since the stock began paying dividends in 2011. Those who have held since 2011 earn a double-digit percentage yield. It would surprise me if CSCO stock did not become attain dividend aristocrat status (meaning 25-plus years of dividend hikes) in 17 years. Poised for More GrowthThis does not mean I advocate writing off Cisco stock as a stodgy Dow 30 equity. CSCO will produce necessary products and generate dividends. That said, I do not think Cisco will become more like Dow peers Procter & Gamble (NYSE:PG) and 3M (NYSE:MMM) than growth stocks such as Square (NYSE:SQ) or Netflix (NASDAQ:NFLX).However, I expect Cisco's products to generate more investor enthusiasm, and with that, more growth to add to the income stream. Wall Street forecasts profit increases of 18.1% this year and 10.1% the next. Moreover, CSCO has attained something unimaginable with the old Cisco stock--a low price-to-earnings (PE) ratio. Today, CSCO stock maintains a forward multiple of about 15.4.That appears cheap when considering the role Cisco will play in the 5G space. CSCO has created a "Cloud-to-Client" solution for 5G. This will affect the network at every level. It offers a seamless 5G solution end-to-end that will enhance security while optimizing speed and performance. This should drive profit increases as Cisco stock moves into the next decade--and the next quantum leap in wireless tech. Concluding Thoughts on Cisco StockExpect 5G to turn Cisco into the quintessential growth and income stock. Put simply, this is not the dot-com boom CSCO. This one-time growth stock has morphed into a more conservative, dividend-oriented company. Payouts have increased every year since 2011. With these rising payouts, it could eventually become a dividend aristocrat. Moreover, with its move into 5G, double-digit profit increases have returned.However, the real benefit may come as 5G represents the next great quantum leap in wireless technology. We already know 5G will probably equip every appliance, light fixture, and meter with wireless technology. However, the real power could come from what we do not imagine.Few could have imagined all of the apps that would come about when Apple (NASDAQ:AAPL) introduced the iPhone in 2007. Investors should expect the same, surprising level of innovation as 5G becomes more prevalent.I do not know what products will emerge. However, regardless of what creation comes about CSCO could serve as the backbone to that technology. Even beyond the financials, that function could become reason enough to buy Cisco stock.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 * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Cisco Stock Is a Great Equity Buy and a Great Growth Buy appeared first on InvestorPlace.
How Network Systems Vendors Are Working to Drive GrowthExpanding Webex capacity in AustraliaCisco Systems (CSCO) recently disclosed plans to invest as much as $57 million in Australia as it seeks to grow its business in the country. The investment
A report from Cisco has estimated that by 2027, 10% of global GDP will likely be stored on blockchain technology. Cisco is a US multinational technology conglomerate headquartered in San Jose, California. It has released a report highlighting the significance of blockchain technology in today’s economy. The report also outlines how the blockchain market is expected to reach $9.7 billion by 2021. The report takes a long-term outlook on the potential of blockchain technology. One insight provided by Cisco is that 83% of executives believe trust is the cornerstone of a digital economy. Trust is an aspect blockchain technology can provide since it is designed to be transparent. Cisco claims that counterfeiting costs US-based semiconductor companies an estimated $7.5 billion per year. The post Cisco report estimates 10% of global GDP will be stored on blockchains by 2027 appeared first on Coin Rivet.
NETGEAR's (NTGR) Nighthawk Pro Gaming XR300 WiFi Router focuses on Internet speeds for faster online gaming and smoother streaming, while reducing lag with ultra-low ping rates.
Ethiopia Air Crash Costs Boeing $28 Billion in Market ValueBoeing has lost $28 billion in market valueBoeing (BA) stock had been rallying since the beginning of this year on growing optimism over its increasing revenues and cash flows, huge order
As a short follow-up to my story on the SPDR S&P 500 ETF of late Wednesday, I want to quickly show you how you can dig down into the components of the Dow Industrials to see how strong or how weak it might actually be.
Stock futures: The S&P 500 and Nasdaq hit current stock market rally highs while Intel and Arista Networks broke out. MongoDB and Semtech were big movers overnight on earnings.