Shares of Cisco Systems Inc NASDAQ: CSCO have been making headlines for all the right reasons with their multi-month rally, which has added 30% since August. Though still short of its pandemic-era highs, the tech titan is continuing to gain momentum, and expectations are building accordingly as we head into the final few months of the year.
Cisco NASDAQ: CSCO, formerly known as Cisco Systems, is a computer networking firm that competes with Ciena Corp. NYSE: CIEN, Juniper Networks Inc. NYSE: JNPR, and other legacy computer tech companies that have most recently worked to adapt to the demands of the AI boom.
Cisco's strong and innovative portfolio and rich partner base are noteworthy drivers that justify a premium valuation.
Artificial intelligence will be a key factor driving the company's fundamentals higher, one researcher believes.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Cisco (CSCO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
It's a positive morning for several stocks. Citi issued a bullish note for Cisco (CSCO) on expectations for Ethernet A.I.
Cisco Systems (CSCO) is a strong buy due to its growth recovery, excellent execution, and attractive valuation with a 2.95% dividend yield. Cisco's robust dividend growth and low P/E ratio make it a top dividend-paying tech stock, ideal for long-term investors. The AI revolution presents significant growth opportunities for Cisco, potentially driving a major upgrade cycle in networking infrastructure.
The latest trading day saw Cisco Systems (CSCO) settling at $54.27, representing a +0.04% change from its previous close.
24/7 Wall St. Insights Dividend stocks will stay popular as interest rates drop.
Cisco has delivered minimal returns over 25 years, but I hold it for its dividend yield and potential total return. My YARP™ investing strategy focuses on balancing yield and total return, avoiding steep losses through tactical management rather than buy-and-hold. CSCO's slow price movement and moderate dividend yield make it a suitable, though not favorite, part of my diversified 40-stock portfolio.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.