Cisco Systems, Inc. (CSCO)
Pre-market:
| Previous close | 48.38 |
| Open | 48.28 |
| Bid | 48.41 x 3200 |
| Ask | 48.50 x 4000 |
| Day's range | 48.03 - 48.77 |
| 52-week range | 45.56 - 58.19 |
| Volume | |
| Avg. volume | 18,095,401 |
| Market cap | 196.957B |
| Beta (5Y monthly) | 0.89 |
| PE ratio (TTM) | 14.64 |
| EPS (TTM) | 3.31 |
| Earnings date | 14 Feb 2024 |
| Forward dividend & yield | 1.56 (3.22%) |
| Ex-dividend date | 03 Jan 2024 |
| 1y target est | 54.40 |
Motley Fool3 High-Yield Tech Stocks to Buy in December
Rising interest rates drove many investors from tech stocks toward more conservative sectors, while rising yields for fixed-income investments made dividend stocks a lot less appealing. Cisco, the world's largest networking hardware and software company, recently disappointed investors by slashing its full-year guidance.
Motley FoolCisco Eyes $1 Billion in Artificial Intelligence (AI) Orders
A cluster of servers with tens of thousands of GPUs linked together requires some heavy-duty networking gear to make it all work. Cisco Systems (NASDAQ: CSCO) is the longtime leader in the switching and routing markets, with its proprietary products maintaining dominant market shares. A more flexible approach makes sense for the major cloud providers, which build data centers at incredible scale and have very specific networking needs.
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