The Latest Breaking News from CSCO

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 13 strange trades.

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.

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…

Amid the Fed's monetary policy tightening, the tech-heavy NASDAQ Composite has lost close to 30% in 2022. However, the solid demand for tech solutions is expected to drive the industry’s recovery. Amid the market volatility, we think fundamentally sound tech stocks Cisco Systems (CSCO) and Juniper Networks (JNPR) might be…

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.

Shares of Cisco Systems (CSCO) seem poised to soar in the near term, driven by its steady growth. Wall Street analysts see a more than 25% upside potential in the stock. CSCO currently trades at a lower valuation than Apple (AAPL) and could be worth betting on instead of the…