Cisco Systems Inc
NASDAQ: CSCO
$58.55
+$0.99 (+1.7%)
Closing Price on November 22, 2024
CSCO Articles
After nine straight winning quarters, the Dow closed the first quarter of 2018 down about 2.5%. Virtually all the damage came in the last two months of the quarter and a recovery may take a while.
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These five mega-cap technology giants all pay dividends, are buying back huge amounts of stock and are not under scrutiny for putting users data at jeopardy.
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The first quarter of 2018 ended with a whimper, not a bang. The best-performing Dow stock for the period was Intel, one of only eight that managed to post a gain for the year to date.
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Merck and Walmart were among Wednesday's biggest gainers on the Dow while Intel and Cisco were among the big losers.
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It is not uncommon for markets to sell-off after big gains. It seemed as though every market participant was just begging for a pullback in late 2017 and early 2018. But now that a sell-off has been...
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Microsoft, Goldman Sachs, Cisco Systems, and Apple were the Dow's big losers on Tuesday.
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Judging by the most shorted stocks traded on the Nasdaq, those sellers were stocking up on their favorites between the February 28 and March 15 settlement dates.
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The Dow's leading tech stocks -- Microsoft, Intel, Apple, and Cisco -- pushed the index up about 2.8% Monday.
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Only six Dow stocks have been able to post year-to-date gains as of Friday's close. Last week's massive sell-off caused every Dow stock to lose value.
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Cisco Systems has come back into focus for investors in 2018, and the networking and security giant was actually the top performing stock on the Dow Jones industrial average year to date.
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The top analyst upgrades, downgrades and other research calls from Friday include AbbVie, American Water, Carnival, Cisco, Darden, DexCom, Micron Technology, Nike and Occidental Petroleum.
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It almost seems odd that Boeing would no longer be the top-performing Dow stock, after having held on to that position for so long.
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As of the most recently reported period, short sellers still favored just two Dow stocks, General Electric and Intel, above all others.
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Judging by the most shorted stocks traded on the Nasdaq, these sellers were cautious overall between the February 15 and February 28 settlement dates, but there were a couple of notable moves.
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Boeing shares recovered last week most of the previous week's share price loss. The stock has been the Dow's best performer since the second week of 2018.
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