Monday, July 2, 2018

Five Key Takeaways From Cisco India Summit 2018 | Latest News

In today's world, every company becomes a software-based company to stay in the game. Therefore, traditionally, Cisco Systems, the main manufacturer of hardware, is not surprised that in the last few months it has not left any stones to become software vendors. Interestingly enough, the company is focusing on new ideas such as setting up a targeted business, focusing on businesses in India and small and medium-sized businesses.

The US giant is affecting the lives of people who currently lack the privileges offered by today's technological solutions, whose global outlook is influenced by digital solutions worldwide from 1 billion to 2025.

These and many more interesting initiatives have been demonstrated and discussed at the fifth edition of Cisco India Summit 2018 in Goa. CXOT will bring you some of the main events and packages.

Thursday, June 21, 2018

Options Traders Expect Huge Moves in Cisco Systems (CSCO) Stock - Latest News

Investors in Cisco Systems, Inc. CSCO need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 22, 2018 $37.50 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Cisco Systems shares, but what is the fundamental picture for the company? Currently, Cisco Systems is a Zacks Rank #3 (Hold) in the Computer - Networking industry that ranks in the Bottom 9% of our Zacks Industry Rank. Over the last 60 days, five analysts have increased their earnings estimates for the current quarter, while none have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 68 cents per shareto 69 cents in that period.