SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (51376)3/8/2011 5:18:28 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (1) of 95383
 
Jacob, Ubtil you brought up the chart of CSCO, I had not looked at it for a long, long time. I was really intrigued by the chart action at quarterly points for earnings reporting. In so many words, CSCO was "hammered" at those points. You would have thought the "sky had fallen" and CSCO was a "broken" company. When I looked at some of the details however, I was surprised again. The ccompany looks just fine with record revenues in the first 2 quarters of the FY and earnings pretty much in line with expectations that were set when the stock was selling at 28. Today it closed at 18.22.

I looked at a collage of recent data from S&P, and the NASDAQ site to give an overview. Some analyst firms downgraded at the earnings reporting period, but presently 17 companies have a strong buy on the stock. Two have a buy, 15 have a hold and only 1 has a sell. Looking at the 12 month target range, the top number is 28, the bottom number is 19 and the consensus is 24. Today the stock closed at 18.22. EArnings per share for this FY closing in July are estimated at 1.48, the best in the last 5 years.

What's not to like about the stock? Well there must be something based on the market action since last May when it was at 28. Maybe it is not "flashy" enough?LOL

Don

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News