What To Expect From Cisco Next Week
By BubbleBustInvesting:Investors who have been long Cisco Systems (CSCO) will soon get the chance to find out whether the technology giant is turning the corner as the company reports earnings next week (February 8). Is CSCO searching for its old glory days or will it follow in the path of its competitors, Juniper Networks (JNPR) and Brocade Communications (BRCD), who have been disappointing their own investors?Wall Street expects Cisco to earn 43 cents per share on $11.23 billion of revenues.Here are five things investors should watch ahead of this report:1. Insider activity. In spite of last quarter's improved results, there is no insider buying in the offing. According to data provided by yahoo.finance.com, the last insider transaction was reported on Dec 7, 2011, and it was a sale of 14,347 shares.2. A bullish company chart. Cisco's stock price has decisively crossed both the 200 and 100-day movingComplete Story »
- Original article
- Login or register to post comments
