Posts Tagged ‘CSCO’

WSG Large Cap Average Return 41.67% (AAPL,VLO,VMW,WMB,CSCO,EBAY)

Thursday, July 7th, 2011

On March 3, 2010, I selected 6 large cap stocks that have averaged 41.67%. I selected what I had anticipated would be the hottest industries -commodities & technology. 5 out of the 6 were huge winners, however I did have 1 loser that knocked 16% off my average. Batting 83.33% isn’t so bad. See the original post here. Summary of the gains below.

Stay tuned for my next picks through 2012

Best Performers

VMware Inc (NYSE:VMW) 98.98% gain        entry price $51.75 current $102.97

Apple Inc. (NASDAQ:AAPL) 70.91% gain        entry price $209 current $357.20

Valero Energy (NYSE:VLO) 40.37% gain        entry price $18.75 current $26.32

eBay Inc (NASDAQ:EBAY) 40.34% gain        entry price $23.75 current $33.33

Williams Comp. (NYSE:WMB) 34.53% gain        entry price $22.50 current $30.27

Worst Performer

Cisco Systems (NASDAQ:CSCO) -35.10% gain        entry price $24.50 current $15.90

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Major Tech. Stocks To Watch (AAPL, YHOO, CSCO, FTR)

Thursday, May 5th, 2011

Apple Inc. (NASDAQ:AAPL) surged 0.39% to $349.57. The stock has a 52-week range of $199.25-$364.90.

The stock has average daily volume of 15.27 million shares. At current market price, the market capitalization of the company stands at $322.10 billion.

Yahoo! Inc. (NASDAQ:YHOO) gained 1.28% to $18.15. The stock has a 52-week range of $12.94-$18.64.

The stock opened at $17.99 and is trading within the range of $17.96-$18.38.

Cisco Systems, Inc. (NASDAQ:CSCO) is up 0.21% to $17.45. The stock has a 52-week range of $16.52-$27.25.

The stock has average daily volume of 74.09 million shares. At current market price, the market capitalization of the company stands at $96.46 billion.

Frontier Communications Corp (NYSE:FTR) slid 0.84% to $8.29. Frontier Communications Corporation is a communications company providing services predominantly to rural areas and small and medium-sized towns and cities.

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Cisco (NASDAQ:CSCO) Cutting Consumer Business

Tuesday, April 12th, 2011

In a surprising move after Cisco Systems Inc (NASDAQ:CSCO) is abandoning Flip, the digital video camera company it bought in March 2009 for nearly $600 million. Cisco announced Tuesday that it is exiting several consumer businesses, including Flip, and laying off 550 employees. The networking giant said its new strategy is to serve most consumers indirectly through its business customers, rather than making products that shoppers buy straight from Cisco.

The San Jose, Calif., technology firm said it will close down its Flip business and support FlipShare customers and partners with a transition plan. Cisco will take up to $300 million in one-time charges in its third and fourth quarters as part of the plan. Cisco said its five key company priorities are core routing, switching and services, collaboration, architectures, and video. The company’s popular Linksys and Valet Internet routers will continue to be sold at retailers, but Cisco’s Home Networking division, of which the routers are a part, will be refocused around supporting video in the home.

Cisco was tech leader in innovation, and touted the iFlip as an ingenious product with so much potential just as the iPod proved to be for Apple. I just don’t get it. After 1.5 years of acquiring the company, they’re simply just shedding the company outright. I think what they have to shed is the set-top boxes. These electronic devices are becoming non-existent when everything is being transferred via routers and Internet hence Netflix. Though the iFlip is only a small integral part of the business, just doesn’t make sense. Cisco has surely lost its way. Stick to the future trend and that is routing and video conferencing via IP. I’d steer away until management retraces it’s basic business model. The company has become to large and too complex. If stock price hits $15-10 range, I’d say its a bargain, but not at these current levels. Lots of headwinds enroute.

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Top Tech. Stocks In Spotlight (AAPL, MU, CSCO, DELL)

Tuesday, April 5th, 2011

Apple Inc. (NASDAQ:AAPL) surged 0.02% to $341.26. The stock has a 52-week range of $199.25-$364.90.

The stock has average daily volume of 18.75 million shares. At Current market price, the market capitalization of the company stands at $314.40 billion.

Micron Technology, Inc. (NASDAQ:MU) fell 0.98% to $11.08. Micron Technology, Inc. is a manufacturer and marketer of semiconductor devices, principally dynamic random access memory (DRAM), Nandi Flash memory (NAND Flash and NOR Flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products.

The stock opened at $11.29 and is trading within the range of $11.06-$11.35.

Cisco Systems, Inc. (NASDAQ:CSCO) gained 2.37% to $17.47. The stock has a 52-week range of $16.97-$27.74.

The stock has average daily volume of 86.56 million shares. At Current market price, the market capitalization of the company stands at $96.55 billion.

Dell Inc. (NASDAQ:DELL) added 2.49% to $14.60. Dell Inc. is a holding company, which conducts its business globally, through its subsidiaries.

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Major Tech. Stocks Trading Lower (AAPL, Sprint, CSCO, MU)

Wednesday, March 30th, 2011

Apple Inc. (NASDAQ:AAPL) fell 4.37% to $1.75. The stock has a 52-week range of $1.38-$10.57.

The stock has average daily volume of 3.70 million shares. At Current market price, the market capitalization of the company stands at $2.32 billion.

Sprint Nextel Corporation (NYSE:S) lost 1.08% to $4.57. Sprint Nextel Corporation is a holding company, with its operations primarily conducted by its subsidiaries.

The stock opened at $4.60 and is trading within the range of $4.56-$4.64.

Cisco Systems, Inc. (NASDAQ:CSCO) slid 0.23% to $17.40. The stock has a 52-week range of $16.97-$27.74.

The stock has average daily volume of 86.55 million shares. At Current market price, the market capitalization of the company stands at $96.16 billion.

Micron Technology, Inc. (NASDAQ:MU) is down 1.28% to $11.61. Micron Technology, Inc. is a manufacturer and marketer of semiconductor devices, principally dynamic random access memory (DRAM), Nandi Flash memory (NAND Flash and NOR Flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products.

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Networking and Communication Device Stock Movers (CSCO, RVBD, JNPR, FNSR)

Friday, February 25th, 2011

Cisco Systems, Inc. (NASDAQ:CSCO) fell 0.16% to $18.37. The stock has a 52-week range of $18.29-$27.74.

The stock has average daily volume of 49.81 million shares. At current market price, the market capitalization of the company stands at $101.82 billion.

Riverbed Technology, Inc. (NASDAQ:RVBD) soared 5.76% to $40.40. Riverbed Technology, Inc. has developed solutions to the fundamental problems associated with information technology (IT) performance across wide area networks (WANs).

The stock opened at $38.59 and is trading within the range of $38.40-$40.70.

Juniper Networks, Inc. (NYSE:JNPR) gained 3.19% to $42.76. The stock has a 52-week range of $22.25-$44.62. The stock has average daily volume of 6.03 million shares. At current market price, the market capitalization of the company stands at $22.37 billion.

Juniper Networks, Inc. designs, develops and sells products and services that together provide its customers with network infrastructure that creates responsive and trusted environments for accelerating the deployment of services and applications over a single network.

Finisar Corporation (NASDAQ:FNSR) slid 0.31% to $38.71. The stock opened at $39.04 and is trading within the range of $38.40-$39.47.

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Cisco disappoints with second quarter results on gross margin and product pricing pressure

Friday, February 11th, 2011

Cisco Systems, Inc. (NASDAQ:CSCO) tumbled by 14.16% after announcing decrease in its second quarter net earnings.

Sales for the quarter totaled $10.4 billion as compared to $9.8 billion generated in the same period year earlier while sales for the six months of fiscal 2011 totaled $21.2 billion as compared to $18.8 billion generated in 2010.

Gross margins declined to 62.4 percent from the previous quarter’s 64.3 percent and by 7% from the gross margin posted in the same period year earlier.

Net income earned by CSCO in the second quarter was $2.1 billion or $0.37 per diluted share which excluded $0.10 per share impact of special items as compared to net income of $2.3 billion or $0.40 per diluted share earned in the prior year period decreasing by 8%.

Cash generated from its operations was $ $2.6 billion as compared to $2.5 billion for the second quarter of fiscal 2010, and compared with $1.7 billion for the first quarter of fiscal 2011.

The Company believes revenue from its new products that has grown by 15% in the reported quarter and now accounts for 39% of the company’s total product revenue will increase in the next quarter also. The Company is in the middle of a major product transition with the new products comprising its data center, collaboration and wireless businesses.

The Company expects revenues to grow by 4%-6% in the present quarter and by 8%-11% in the next quarter while analyst are expecting growth of 4.5% in the current quarter and of 7.8% in the next quarter.

This has been the Company’s fourth consecutive decline and the Company had reported net earnings slightly above the Wall Street estimates but disappointed the investors with the declined margin and lower than the guided estimates.

Analysts have degraded the Company’s rating and target price on anticipation of continued pressure expected on gross profit margin and on the Company’s entrance in a vicious pricing war with competitors Hewlett-Packard (HPQ) and Juniper Networks (JNPR) in the routing and switching market.

Analysts at Citigroup downgraded CSCO to Hold with price target of $0.22; Stifel Nicolaus also provided a Hold rating from the previous Buy rating while analysts at Capstone Investments maintained its previous Buy rating on a lowered price target of $25.50.

Cisco Systems, Inc. (Public, NASDAQ:CSCO) continued to decline on high volume trading of 559.89 million shares in comparison to the average trading volume of 48.48 million to close trade at $18.92. At price/earnings of 13.88 its market capitalization stands at $104.87 billion.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use.

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Cisco Earnings Disappoints Again (NASDAQ:CSCO)

Thursday, February 10th, 2011

U.S. stocks started Thursday’s trading in the red (-48) as investors responded to disappointing quarterly reports from Cisco Systems.  Cisco (NASDAQ:CSCO) down -12%  earned 37 cents a share in the second quarter, excluding items and beating forecasts. Gross margins, however, fell to 62.4 percent from 64.3 percent. The company gave a disappointing third quarter outlook, which sent its shares down nearly 9 percent in extended trade. The network equipment maker posted a quarterly profit late Wednesday that fell from year-earlier results, although they beat Wall Street’s forecasts.

Chambers pointed out that public sector spending, which makes up 22 percent of Cisco’s global revenue, would “remain challenging”. Local governments in the U.S. have been cutting spending in the face of falling revenues and warnings of major defaults. At the same time, fiscal austerity measures in Europe could also cause big cutbacks in government spending. But Chambers said he expects growth to come from the enterprise, commercial and service provider businesses which make up 20 percent to 35 percent of Cisco’s overall revenue. “All of those showed better trending, especially in the second and third month of this last quarter than in the first month. That’s where I think we are going to see growth.” In terms of geography, he said he expected an improvement in performance in Europe, while Asia was “positioned for very good growth going forward”.

 Technicals currently are pointing negative below the $20 mark.

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Networking and Communication Device Stocks (CSCO, JNPR, FNSR, ARUN)

Monday, January 17th, 2011

Cisco Systems, Inc. (NASDAQ:CSCO) surged 0.62% to $21.21. The stock has a 52-week range of $19.00-$27.74.

The stock has average daily volume of 59.45 million shares. At Friday`s closing market price, the market capitalization of the company stands at $117.56 billion.

Juniper Networks, Inc. (NYSE:JNPR) added 1.33% to $38.73. Juniper Networks, Inc. designs, develops and sells products and services that together provide its customers with network infrastructure that creates responsive and trusted environments for accelerating the deployment of services and applications over a single network.

The stock opened at $38.20 and was trading within the range of $37.94-$38.73.

Finisar Corporation (NASDAQ:FNSR) slid 0.40% to $34.62. The stock has a 52-week range of $9.64-$35.25. The stock has average daily volume of 3.29 million shares. At Friday`s closing market price, the market capitalization of the company stands at $2.67 billion.

Finisar Corporation is a provider of optical subsystems and components that connect short-distance local area networks (LANs), and storage area networks (SANs), and longer distance metropolitan area networks (MANs) fiber-to-the-home networks (FTTx), cable television networks (CATV) and wide area networks (WANs).

Aruba Networks, Inc. (NASDAQ:ARUN) gained 1.18% to $25.68. The stock opened at $25.35 and was trading within the range of $24.77-$25.86.

Aruba Networks, Inc. connects local and remote users to corporate information technology (IT) resources via distributed enterprise networks.

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Technology Stocks Higher (CSCO, MSFT, INTC, Micron)

Saturday, January 1st, 2011

Cisco Systems, Inc. (NASDAQ:CSCO) ended at $20.23. Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use.

The stock has average daily volume of 68.47 million shares. At today`s closing market price, the market capitalization of the company stands at $112.13 billion.

Microsoft Corporation (NASDAQ:MSFT) surged 0.22% to $27.81. The stock opened at $27.80 and was trading within the range of $27.63-$27.92.

Microsoft Corporation is engaged in developing, manufacturing, licensing and supporting a range of software products and services for different types of computing devices.

Intel Corporation (NASDAQ:INTC) went up 0.05% to $21.03. The stock has a 52-week range of $17.60-$24.37.

The stock has average daily volume of 43.82 million shares. At today`s closing market price, the market capitalization of the company stands at $117.31 billion.

Micron Technology, Inc. (NASDAQ:MU) gained 1.52% to $8.02. The stock opened at $7.91 and was trading within the range of $7.84-$8.04.

Micron Technology, Inc. is a manufacturer and marketer of semiconductor devices, principally dynamic random access memory (DRAM), Nandi Flash memory (NAND Flash and NOR Flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products.

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