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

Cisco Systems saw earnings per share grow 5.1%

Cisco Systems saw earnings per share grow 5.1%

The COVID-19 pandemic continues to lift revenue for this computer networking giant as businesses use its products to stay connected with employees working remotely.

Demand will likely remain elevated as temporary changes evolve into longer-lasting trends. That should let the firm keep raising its dividend… Read More