Cisco Systems (CSCO) closed at $52.85 in the latest trading session, marking a +0.38% move from the prior day.
Zacks.com users have recently been watching Cisco (CSCO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cisco Systems is undervalued, trading at less than 15 times next year's earnings, and poised to benefit from the AI buildout and economic setup in 2025. Despite flat performance over the past 5 years, CSCO's strong revenue growth, high-margin business, and substantial capital returns to shareholders make it a compelling investment. The current economic environment, with lower rates, inflation, and commodity prices, is favorable for CSCO's IT infrastructure and security products, driving future growth.
The Zacks Computer - Networking industry players like CSCO, NTCT and INTZ are poised to benefit from the higher demand for cybersecurity solutions and the Wi-Fi 7 upgrade cycle.
Cisco's strong and innovative portfolio and partner base is noteworthy. Stretched valuation is concerning.
U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024.
Cisco (CSCO) reported earnings 30 days ago. What's next for the stock?
Cisco Systems, Inc. (NASDAQ:CSCO ) Goldman Sachs Communacopia + Technology Conference September 10, 2024 11:10 AM ET Company Participants Scott Herren - EVP and CFO Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Great. Well, thank you everybody.
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.
Job losses at U.S.-based employers spiked in August to a five-month high of just over 75,000 cut positions for the month, a signal of economic uncertainty and a softening labor market, according to a new report from career services firm Challenger, Gray & Christmas.
The collaboration between HON and Cisco aims to simplify building operations, optimize energy use and improve employee comfort and GHG emissions.
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.