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 interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Cisco Systems (CSCO - Free Report) one of those stocks right now? 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 a member of the Computer and Technology sector. This group includes 645 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. 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 1.43% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, CSCO has moved about 14.59% on a year-to-date basis. At the same time, Computer and Technology stocks have gained an average of 12.33%. This shows that Cisco Systems is outperforming its peers so far this year.
Breaking things down more, CSCO is a member of the Computer - Networking industry, which includes 9 individual companies and currently sits at #50 in the Zacks Industry Rank. Stocks in this group have gained about 15.39% so far this year, so CSCO is slightly underperforming its industry this group in terms of year-to-date returns.
Investors with an interest in Computer and Technology stocks should continue to track CSCO. The stock will be looking 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 interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Cisco Systems (CSCO - Free Report) one of those stocks right now? 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 a member of the Computer and Technology sector. This group includes 645 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. 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 1.43% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, CSCO has moved about 14.59% on a year-to-date basis. At the same time, Computer and Technology stocks have gained an average of 12.33%. This shows that Cisco Systems is outperforming its peers so far this year.
Breaking things down more, CSCO is a member of the Computer - Networking industry, which includes 9 individual companies and currently sits at #50 in the Zacks Industry Rank. Stocks in this group have gained about 15.39% so far this year, so CSCO is slightly underperforming its industry this group in terms of year-to-date returns.
Investors with an interest in Computer and Technology stocks should continue to track CSCO. The stock will be looking to continue its solid performance.