We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has Cisco Systems (CSCO) Outpaced Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
Investors focused on the Computer and Technology space have likely heard of Cisco Systems (CSCO - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Cisco Systems is one of 632 companies in the Computer and Technology group. The Computer and Technology group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CSCO is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for CSCO's full-year earnings has moved 0.40% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that CSCO has returned about 12.82% since the start of the calendar year. In comparison, Computer and Technology companies have returned an average of 4.51%. This means that Cisco Systems is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CSCO belongs to the Computer - Networking industry, which includes 10 individual stocks and currently sits at #230 in the Zacks Industry Rank. Stocks in this group have gained about 13.38% so far this year, so CSCO is slightly underperforming its industry this group in terms of year-to-date returns.
Investors in the Computer and Technology sector will want to keep a close eye on CSCO as it attempts to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has Cisco Systems (CSCO) Outpaced Other Computer and Technology Stocks This Year?
Investors focused on the Computer and Technology space have likely heard of Cisco Systems (CSCO - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Cisco Systems is one of 632 companies in the Computer and Technology group. The Computer and Technology group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CSCO is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for CSCO's full-year earnings has moved 0.40% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that CSCO has returned about 12.82% since the start of the calendar year. In comparison, Computer and Technology companies have returned an average of 4.51%. This means that Cisco Systems is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CSCO belongs to the Computer - Networking industry, which includes 10 individual stocks and currently sits at #230 in the Zacks Industry Rank. Stocks in this group have gained about 13.38% so far this year, so CSCO is slightly underperforming its industry this group in terms of year-to-date returns.
Investors in the Computer and Technology sector will want to keep a close eye on CSCO as it attempts to continue its solid performance.