Earnings rose 6.3% at Cisco Systems Inc.

Earnings rose 6.3% at Cisco Systems Inc.

Technology stocks have come down from their 2021 highs as it looks increasingly likely that the U.S. Federal Reserve will keep raising interest rates to fight inflation. That could slow the global economic recovery as the COVID-19 pandemic eases.

Even so, we feel a top-quality technology… Read More

These quality techs will rebound faster

Technology stocks have come down from their 2021 highs, as it looks increasing likely that the U.S. Federal Reserve will soon raise interest rates in response to rising inflation. That could slow the global economic recovery as the COVID-19 pandemic eases.
Even so, we feel top-quality… Read More

Earnings are up 7.9% at Cisco Systems Inc.

Earnings are up 7.9% at Cisco Systems Inc.

Improved software sales led to an 8.1% revenue jump and overcame semiconductor-shortage difficulties in the hardware aspect of the business.

Recurring security software subscriptions should help the firm weather the chip shortage and sustain the dividend payout.

The stock trades at 17.5 times the company’s 2022 earnings… Read More

Bright outlook for Cisco

CISCO SYSTEMS INC. $56 is a buy. The company (Nasdaq symbol CSCO; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.2 billion; Market cap: $235.2 billion; Price-to-sales ratio: 4.7; Dividend yield 2.6%; TSINetwork Rating: Average; www.cisco.com) expects its revenue for its next four fiscal… Read More