Continue reading Cisco: A Buy or Sell?

Cisco: A Buy or Sell? originally appeared on BloggingStocks on Mon, 04 Apr 2011 09:00:00 EST. Please see our terms for use of feeds.

"Even when the market is up a lot, you can always find some good stocks that have been left behind but could be on the verge of a rebound," says George Putnam.

The editor of The Turnaround Letter explains, "That's where we suggest you focus your efforts right now. These eight stocks all have strong business franchises and have all significantly lagged the market over the last two years.

"In fact, several of them are still trading near or even below where they were in early 2009. Here, we look at Bank of America (BAC), Best Buy (BBY), Campbell Soup (CPB), Cisco Systems (CSCO), Microsoft (MSFT) and Sprint Nextel (S).

Continue reading Turnaround Expert: A Six-Pack of Rebound Buys

Turnaround Expert: A Six-Pack of Rebound Buys originally appeared on BloggingStocks on Thu, 10 Mar 2011 13:00:00 EST. Please see our terms for use of feeds.

Bellwether technology company Cisco Systems (CSCO) reported second-quarter profit fell, although it still topped analysts forecasts. Net income sank 18% to $1.5 billion or 27 cents a share, from $1.9 billion or 32 cents a year ago, as reported in the New York Times.

Revenue climbed 6% to $10.4 billion from $9.8 billion in the quarter a year ago.

On an adjusted basis, income was 37 cents a share, beating Thomson Reuters forecast of 35 cents a share on revenue of $10.24 billion.

Continue reading Cisco Systems Earnings: Net Income Falls 18%

Cisco Systems Earnings: Net Income Falls 18% originally appeared on BloggingStocks on Thu, 10 Feb 2011 09:30:00 EST. Please see our terms for use of feeds.

This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"One a theme that hasn't worked in, well, forever -- large cap technology stocks; many large cap tech are trading at historically low valuations," note Lou Basenese.

The editor of the White Cap Research Group explains, "As a contrarian, I'm picking the most contrarian large cap technology stock out there: Cisco Systems (CSCO), which could be a top-performer in 2011.

Continue reading Top Picks 2011: Cisco Systems (CSCO)

Top Picks 2011: Cisco Systems (CSCO) originally appeared on BloggingStocks on Fri, 07 Jan 2011 13:00:00 EST. Please see our terms for use of feeds.

Cisco Systems, Inc. (CSCO) December 20 and January 20 calls were active with total call option volume of 497K contracts compared to 143K puts. December and January call option implied volatility is at 22, February is at 26, compared to its 26-week average of 30 according to Track Data. Large volume suggests traders positioning for movement.

Charles River Laboratories (CRL) closed up 3%, on Relational Investors LLC and the California State Teachers' Retirement System having a combined 6.1% stake in the company, and wanting the company to put itself up for sale, reports the Wall Street Journal. January option implied volatility of 29 is below its 26-week average of 34 according to Track Data, suggesting decreasing price movement.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Cisco Options Active on Low Volatility originally appeared on BloggingStocks on Thu, 09 Dec 2010 17:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Cisco (CSCO) to outperform from perform at Oppenheimer.
• Cognizant (CTSH) to buy from neutral at Goldman.
• Polypore (PPO) to outperform from neutral at RW Baird.
• Elan (ELN) to buy from neutral at UBS.
• Millicom (MICC) and NuStar GP Holdings (NSH) to overweight from equal weight at Morgan Stanley.
• Teekay LNG (TGP) to equal weight from underweight at Morgan Stanley.
• American Railcar (ARII) to outperform from market perform at Morgan Keegan.
• Texas Instruments (TXN) to buy from neutral at Sterne Agee.

Continue reading Analyst Calls: ARO, CSCO, CTSH, ELN, EZCH, LEAP, OGE, TXN, WIN ...

Analyst Calls: ARO, CSCO, CTSH, ELN, EZCH, LEAP, OGE, TXN, WIN ... originally appeared on BloggingStocks on Mon, 06 Dec 2010 10:00:00 EST. Please see our terms for use of feeds.

The stock markets' current doldrums can be linked to many causes, and each day pundits will throw out their notions for the day. On one such occasion I could not resist playing the spoiler (probably more than once) posting Chasing Value: Cisco Shmisco -- It's Nothing. But today I will rally behind Cisco Systems (CSCO) and the potential to make an easy 25% return -- or own it cheaper than cheap!

Cisco is currently trading near its 52-week low, opening Tuesday at $19.24. The range is $19.18 to $27.74, so it has fallen 30.6% from its high on a very modest 2010 and lackluster projections going forward. Seems to me everyone is zigging so it's time to zag -- or is it the other way around? Nevertheless, its time for action and opportunity.

Continue reading Chasing Value: Easy Money with Cisco

Chasing Value: Easy Money with Cisco originally appeared on BloggingStocks on Tue, 30 Nov 2010 12:00:00 EST. Please see our terms for use of feeds.

Continue reading Chasing Value: Cisco Shmisco -- It's Nothing

Chasing Value: Cisco Shmisco -- It's Nothing originally appeared on BloggingStocks on Thu, 11 Nov 2010 14:30:00 EST. Please see our terms for use of feeds.

"I think the recent selling spree will act much like a thunderstorm clearing the air. From now on, you should focus on picking up the good values dropped by the panicky sellers," says leading growth stock specialist Richard Band, who recommends a package of three technology issues: Cisco Systems (CSCO), Google (GOOG) and Research in Motion (RIMM).

The editor of Profitable Investing, explains, "It will probably take several weeks of whippy, back-and-forth trading before the market fully regains its equilibrium. However, most of the damage has been done.

Continue reading Tech Trio: Cisco (CSCO), Google (GOOG) and Research in Motion (RIMM)

Tech Trio: Cisco (CSCO), Google (GOOG) and Research in Motion (RIMM) originally appeared on BloggingStocks on Fri, 28 May 2010 10:30:00 EST. Please see our terms for use of feeds.

Continue reading Cisco Easily Outpaces Analyst Estimates

Cisco Easily Outpaces Analyst Estimates originally appeared on BloggingStocks on Wed, 12 May 2010 18:30:00 EST. Please see our terms for use of feeds.

Continue reading Serious Money: Optimistic Economic View

Serious Money: Optimistic Economic View originally appeared on BloggingStocks on Mon, 29 Mar 2010 11:30:00 EST. Please see our terms for use of feeds.

Cisco Systems Inc. (CSCO), whose CEO is optimistic about economic recovery, is scheduled to discuss its second-quarter fiscal 2010 financial results in a conference call Wednesday, Feb. 3, at 4:30 PM (ET). A live webcast of the call will be available at the company's website.

During the three months that ended in January, Cisco completed an acquisition, demonstrated new technologies at CES and announced some organizational changes. Analysts surveyed by Thomson Reuters are looking for earnings for that period of 35 cents per share. That compares with 36 cents per share in the previous quarter and 32 cents per share a year ago. Revenue for the second quarter is expected to be 3.5% higher than a year ago to $9.4 billion.

Continue reading Cisco Earnings Preview: Modest Growth Expected for Q2

Cisco Earnings Preview: Modest Growth Expected for Q2 originally appeared on BloggingStocks on Wed, 03 Feb 2010 10:00:00 EST. Please see our terms for use of feeds.

Continue reading Oracle Completes Sun Merger

Oracle Completes Sun Merger originally appeared on BloggingStocks on Mon, 01 Feb 2010 17:20:00 EST. Please see our terms for use of feeds.

Continue reading Cisco CEO Upbeat About Economic Recovery

Cisco CEO Upbeat About Economic Recovery originally appeared on BloggingStocks on Fri, 29 Jan 2010 14:20:00 EST. Please see our terms for use of feeds.

Amazon, Inc. (AMZN) is in the clouds. So are Google, Inc. (GOOG), EMC (EMC) and Cisco (CSCO). Now, Microsoft Corporation (MSFT) is joining them, having announced on Tuesday its new Windows Azure cloud computing system. The new product will be released on January 1, 2010 -- a new solution for a new year.

Azure will deliver an online platform for the software development set to build their own mousetraps and provide plenty of storage space for users. Testing began a year ago, and full live version will be celebrated next year. For the first month, Azure will be free. The charges start in February.

Continue reading Microsoft latest to head into the sky: New cloud solution announced

Microsoft latest to head into the sky: New cloud solution announced originally appeared on BloggingStocks on Tue, 17 Nov 2009 16:40:00 EST. Please see our terms for use of feeds.

Equity markets ended the third quarter with their biggest losses in four months, and we're now staring down the closing months of 2009. Half the quarter, of course, is dominated by holiday sales, which ups the stakes at the finish line and sets the tone for the bulk of 2010.

Even though company performances have been fairly strong through this reporting season, it's tough to shake the nerves associated with depressed consumer spending and high unemployment.

Continue reading The 2009 home stretch could be bumpy for stocks

The 2009 home stretch could be bumpy for stocks originally appeared on BloggingStocks on Mon, 02 Nov 2009 10:20:00 EST. Please see our terms for use of feeds.

Neither company is saying a thing yet, but word is Cisco Systems (NASDAQ: CSCO) and EMC (NYSE: EMC) are joining up to sell a new collection of products designed to deliver cloud computing capabilities, Reuters reports. Called vBlock, the cloud solution is intended to help the companies compete more effectively with IBM (NYSE: IBM) and Hewlett-Packard (NYSE: HPQ).

The partnership, which no one is admitting to, involves a joint venture between Cisco and EMC that will sell vBlock. The former will supply the networking equipment and servers, with the latter kicking in the storage gear and virtualization technology through its VMWare (NYSE: VMW) subsidiary. The joint venture will put the systems together, integrate the components for clients, and make the whole pile of cables and silicon work. A formal announcement is expected next week.

Continue reading Cisco and EMC link up in the clouds

Cisco and EMC link up in the clouds originally appeared on BloggingStocks on Sun, 01 Nov 2009 10:10:00 EST. Please see our terms for use of feeds.

Continue reading Some big names setting new highs today: STAR, GG, PIR, EBAY

Some big names setting new highs today: STAR, GG, PIR, EBAY originally appeared on BloggingStocks on Tue, 13 Oct 2009 17:45:00 EST. Please see our terms for use of feeds.

• Intel Corporation (NASDAQ: INTC): Chipmaker Intel Corp. traded up to a new 52 week high today of $20.65. It set its 52 week low of $12.05 back on 2/23/09. The stock is trading higher today ahead of the company's third quarter earnings numbers, which are due out tomorrow following the market close. Analysts are expecting the company to show earnings of 27 cents per share. The company reported a loss of 7 cents per share for its second quarter. The stock closed the day up 1.1% at $20.40, up $0.23 on the day.

Continue reading Some big names setting new highs: INTC, STX, SGP

Some big names setting new highs: INTC, STX, SGP originally appeared on BloggingStocks on Mon, 12 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

Networking equipment manufacturer Cisco Systems (NASDAQ: CSCO) announced Wednesday that sales are likely to fall this quarter, making it four declines in a row. The company anticipates that revenue will fall 15 to 17% for the first fiscal quarter, which ends in October. This will put revenue between $8.6 billion and $8.8 billion -- down from $10.4 billion for the same quarter last year.

For now, Cisco is looking back on a tough fiscal fourth quarter. The company watched net income fall 46% year-over-year from $2.01 billion to $1.08 billion for the quarter. Revenue was off 18%, down to $8.54 billion but ahead of analyst expectations of $8.51 billion.

Continue reading Cisco expects sales drop of more than 15%

Cisco expects sales drop of more than 15% originally appeared on BloggingStocks on Thu, 06 Aug 2009 08:00:00 EST. Please see our terms for use of feeds.