Why does Cisco deserve consideration as one of the best growth-and-income stocks in tech? It's precisely because of the recent investor angst surrounding its future sales-and-earnings estimates, which increase Cisco's potential upside. Another factor will be Cisco's emphasis – and its early, impressive results -- in fast-growing markets, including the cloud, Internet of Things (IoT), and data security.
Expense control went a long way in boosting Cisco's fiscal Q1. Both cost of sales and total operating expenses declined, which was even more impactful given that the improved management of overhead came even as Cisco increased revenue year over year. Better still, new-ish CEO Chuck Robbins made it clear that additional cost savings are forthcoming. Improved cost control was a primary reason why Cisco's non-GAAP (excluding one-time items) earnings per share jumped more than 9% despite a "mere" 3.6% increase in revenue. Not surprisingly, Cisco's fiscal management also positively affected gross margins, which improved to 62% compared to 60% a year ago.
Source: Motley Fool
Related Articles:
- Building Yield: 7 Consumer Goods Dividend Stocks
- 9 Higher-Yielding Financial Services Stocks With Rising Dividends
- Dividend Stocks vs. a Safe Distribution Rate
- 12 Under-Valued Dividend Stocks
- Successful Investors Take The Emotion Out
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
This stock has plunged by 50%. Only two mortgage REIT analysts warned investors away from shares before it happened. The market overreacted....
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
So what should investors do amid the panic? They could do worse than own top dividend stocks. The recent stock market crash has turned some ...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
For most investors, this is not a time to panic. Rather than take a flight to safety, now is a time to take a flight to quality. And when in...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.