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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.15% per year. These returns cover a period from January 1, 1988 through June 3, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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Zacks News
Headquartered in San Jose, CA and founded in December 1984, Cisco Systems Inc. is an IP-based networking company, which offers other products and services to service providers, companies, commercial users and individuals. Notably, Cisco is rapidly expanding its presence in network security domain. Security includes products and services preventing unauthorized access to system resources and protecting from worms, spam, viruses and other malware. The Data Center product category includes Cisco Unified Computing System (UCS) and Server Access Virtualization. It also comprises of The Other products segment and Related Services.
Level 3 Communications (LVLT) Shares Touch a 52-Week High
by Zacks Equity Research
Level 3 Communications, Inc. (LVLT) achieved a fresh 52-week high of $64.21 during yesterday's trading session.
CenturyLink Teams with Cisco for Managed Enterprise Services
by Zacks Equity Research
CenturyLink Inc. (CTL) has decided to offer managed enterprise services in association with Cisco Systems Inc.'s (CSCO) subsidiary, Cisco Meraki.
Worldwide Service Provider Router Revenues Continue to Rise
by Zacks Equity Research
According to a recent report by IDC, the service provider router and carrier Ethernet switch industry has witnessed a successful first quarter of 2017.
Server Revenues Fall for 5th Straight Quarter: Gartner & IDC
by Zacks Equity Research
Global server market revenues declined in first-quarter 2017, according to the two research firms, Gartner Inc. (IT) and International Data Corporation (IDC).
Ciena (CIEN) Upgraded to Strong Buy on Strong Q2 Results
by Zacks Equity Research
On Jun 7, Zacks Investment Research upgraded Ciena Corp. (CIEN) to a Zacks Rank #1 (Strong Buy).
Ericsson (ERIC) to Deploy Verizon's (VZ) Managed SD-WAN
by Zacks Equity Research
Verizon Communications (VZ) has inked a managed services deal with Ericsson (ERIC) wherein the latter will be deploying Verizon's Managed Software Defined Wide Area Network (SD WAN) to transform its corporate IT environment toward a virtual services implementation.
Here's Why You Should Hold on to Palo Alto (PANW) Stock Now
by Zacks Equity Research
One stock that investors need to hold on to right now is Palo Alto Networks Inc. (PANW).
Ciena (CIEN) Q2 Earnings, Revenues Surpass Estimates
by Zacks Equity Research
Ciena Corp. (CIEN) reported second-quarter fiscal 2017 non-GAAP earnings (excluding stock-based compensation) of 45 cents, which increased 32.4% on a year-over-year basis.
Cisco and IBM Collaborate to Develop Cybersecurity Solution
by Zacks Equity Research
Cisco Systems Inc. (CSCO) and IBM recently announced a collaboration to fight against the growing instances of cybercrime.
Palo Alto Networks (PANW) Q3 Loss Widens, Revenues Beat
by Zacks Equity Research
Palo Alto Networks Inc. (PANW) reported mixed third-quarter fiscal 2017 results.
What's in the Offing for Palo Alto (PANW) in Q3 Earnings?
by Zacks Equity Research
Palo Alto Networks Inc. (PANW) is set to report third-quarter fiscal 2017 results on May 31.
Nutanix (NTNX) Q3 Loss Narrower than Expected, Stock Up
by Zacks Equity Research
Nutanix Inc. (NTNX) reported loss of 77 cents per share in the third quarter, which was narrower than the Zacks Consensus Estimate of a loss of 86 cents.
Verizon (VZ) On Track to Deploy 5G Fixed Wireless in 2018
by Zacks Equity Research
Verizon Communications Inc. (VZ) is currently conducting field trials for its upcoming 5G wireless network with partners.
Tech Stock Roundup: Wannacry, GOOGL I/O FB Fine, QCOM Suit
by Sejuti Banerjea
Tech news last week revolved around the Wannacry ransomware attack that affected Microsoft's (MSFT) Windows PCs, Alphabet's I/O developers conference, the EU's decision to fine Facebook (FB) over misstatements in its WhatsApp merger application and Qualcomm's (QCOM) decision to sue Apple (AAPL) suppliers.
Dow 30 Stock Roundup: Home Depot, Cisco, Wal-Mart Beat on Earnings
by Swarup Gupta
The Dow traversed another tenuous week, marked by key earnings results and political developments.
Cisco (CSCO) Q3 Earnings Beat, Shares Fall on Dim View
by Zacks Equity Research
Cisco Systems Inc. (CSCO) reported third-quarter fiscal 2017 earnings of 54 cents per share, beating the Zacks Consensus Estimate by a penny.
Cisco Sinks on Weak Guidance: ETFs to Watch
by Sweta Killa
Cisco came up with solid fiscal third-quarter results, beating our estimates for both the top and the bottom line. However, investors were disappointed with bleak revenue guidance.
KLA-Tencor, Shoe Carnival and Cisco Systems highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
KLA-Tencor, Shoe Carnival and Cisco Systems highlighted as Zacks Bull and Bear of the Day
Cisco Systems (CSCO) Posts Earnings Beat, Shares Slide on Weak Guidance
by Madeleine Johnson
Cisco Systems Inc. (CSCO) just released its third quarter fiscal 2017 financial results, posting earnings of 60 cents per share and revenues of $11.9 billion.
This Week's Top Earnings Charts
by Tracey Ryniec
Restaurants and technology on the calendar this week. Which have the better charts?
Cisco (CSCO) to Report Q3 Earnings: What's in the Cards?
by Zacks Equity Research
Cisco Systems Inc, (CSCO) is set to release third-quarter fiscal 2017 earnings on May 17.
Stock Market Roundup, May 15: WannaCry Hacks Lift Cybersecurity Stocks
by Ryan McQueeney
Stocks moved higher to start the week on Monday, and some the market's biggest gainers were cybersecurity firms. This industry felt a boost thanks to the widespread "WannaCry" malware attacks over the weekend.
Cisco Systems (CSCO) Rallies on Morgan Stanley Upgrade
by Madeleine Johnson
On Monday, shares of Internet networking leader Cisco Systems (CSCO) are rallying, up about 2.8% to $34.39 per share in afternoon trading on the heels of a rating upgrade from Morgan Stanley.
Tech Earnings Roundup: AAPL, FB, AMD, GRMN, FIT, More
by Sejuti Banerjea
A host of technology companies reported last week including Apple (AAPL), Facebook (FB), Advanced Micro Devices (AMD), Garmin (GRMN), Fitbit (TWTR) and more.
How Did Security Stocks Do This Quarter?
by Sejuti Banerjea
Security is a boom market with many secular growth drivers, so let's see take a look at Checkpoint (CHKP), Fortinet (FTNT), FireEye (FEYE), F5 (FFIV) and Proofpoint (PFPT), which reported results over the past week.