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Stockreport

Cisco Set For Technical Breakout As Golden Cross Signals Strength: Analyst Predicts Stock Will 'Quietly' Climb Higher [Yahoo! Finance]

Cisco Systems, Inc. (CSCO)  More Company Research Source: Yahoo! Finance
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
While Cisco Systems Inc. (NASDAQ: CSCO ) may not be making loud headlines, it's quietly setting the stage for a strong technical breakout With a Golden Cross in play, tech analyst Jim Lebenthal of Cerity Partners recently tipped Cisco stock on CNBC's ‘Halftime Report Final Trades' predicting the stock will "quietly hit a fresh high for the year." This optimism comes even as Cisco's 2024 has been marked by significant layoffs. The company reduced its headcount by 7% in August after an earlier 4,000-employee reduction in February. Don't Miss: “It has made me millions,” investor says this property type was the key to his success — learn the secret However, according to the company's own statement, these cuts are seen as part of Cisco's strategy to “invest in key growth opportunities.” Despite the workforce shakeup, Cisco has reported its second-best year ever, with nearly $54 billion in revenue. From a technical standpoint, the Golden Cross signals a bullish trend as Cisco's [Read more]

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Stockreport

Cisco Set For Technical Breakout As Golden Cross Signals Strength: Analyst Predicts Stock Will 'Quietly' Climb Higher [Yahoo! Finance]

Cisco Systems, Inc.  (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
While Cisco Systems Inc. (NASDAQ: CSCO ) may not be making loud headlines, it's quietly setting the stage for a strong technical breakout With a Golden Cross in play, tech analyst Jim Lebenthal of Cerity Partners recently tipped Cisco stock on CNBC's ‘Halftime Report Final Trades' predicting the stock will "quietly hit a fresh high for the year." This optimism comes even as Cisco's 2024 has been marked by significant layoffs. The company reduced its headcount by 7% in August after an earlier 4,000-employee reduction in February. Don't Miss: “It has made me millions,” investor says this property type was the key to his success — learn the secret However, according to the company's own statement, these cuts are seen as part of Cisco's strategy to “invest in key growth opportunities.” Despite the workforce shakeup, Cisco has reported its second-best year ever, with nearly $54 billion in revenue. From a technical standpoint, the Golden Cross signals a bullish trend as Cisco's [Read more]

IMPACT SNAPSHOT
EVENT TIME:
CSCO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS