The Latest Breaking News from CSCO

Someone with a lot of money to spend has taken a bearish stance on Cisco Systems (NASDAQ:CSCO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Gloomy earning guidance halted the S&P 500’s three-day winning streak. Moreover, a recession seems apparent as the U.S. economy battles sky-high inflation, aggressive rate hikes, and geopolitical headwinds. With the bear market not over yet, we think fundamentally strong stocks Walmart (WMT), Cisco Systems (CSCO), and Vertex Pharmaceuticals (VRTX) might…

While the macroeconomic concerns have led to a tech sell-off this year, increasing tech dependency and continued digital advancements are likely to keep the tech industry buoyed. Hence, we think tech stocks Microsoft (MSFT), Gartner (IT), GoDaddy (GDDY), and Extreme Networks (EXTR), which look poised to generate solid returns, could…

Cisco Systems (CSCO) recently signed a lucrative deal with Microsoft (MSFT) which is expected to be beneficial. Moreover, its dividend yields more than 3%, making it an impressive buy for dividend investors. The stock has soared over the past decade, and given its solid fundamentals, CSCO looks poised to generate…

A whale with a lot of money to spend has taken a noticeably bearish stance on Cisco Systems. Looking at options history for Cisco Systems (NASDAQ:CSCO) we detected 35 strange trades.

Leading networking company Cisco (CSCO) is well-positioned to witness continued growth, driven by the sustained demand for its cloud-based services and telecom networks amid easing supply-chain constraints. Moreover, Wall Street analysts see a more than 35% upside potential in the stock. CSCO’s high profitability, high dividend yield, and low valuation…

In the face of aggressive rate hikes, the tech-heavy Nasdaq composite has lost more than 30% year-to-date. However, robust demand for tech solutions and rising investments should drive the industry’s long-term growth. Since tech giant Apple (AAPL) has witnessed a decline in the bottom line in the last reported quarter,…

Tech stocks have suffered a brutal sell-off due to the aggressive interest rate hikes since the beginning of the year. However, the tech industry is expected to grow significantly in the long run, owing to the continued digital transformation. Therefore, investors interested in investing in tech may look to buy…

Semiconductor companies, such as NVIDIA Corporation (NVDA), are struggling amid the market downturn, export restrictions, and slowing demand. However, the broader technology market is expected to endure short-term uncertainties and keep growing due to continued digitization. Hence, we think quality technology stocks Cisco (CSCO) and Hackett Group (HCKT) are better…