|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's range||45.15 - 46.48|
|52-week range||33.67 - 49.47|
|Beta (3Y Monthly)||1.17|
|PE ratio (TTM)||2,273.00|
|Earnings date||14 Nov 2018|
|Forward dividend & yield||1.32 (2.90%)|
|1y target est||51.32|
In the previous part of this series, we saw that analysts expect Nokia’s (NOK) revenue to fall 1% year-over-year in the third quarter of 2018. In the chart below, you can see how Nokia’s revenue has been generally flat over the years or has experienced marginal growth. Its marginal revenue growth hasn’t generated massive investor wealth.
Stocks scored big gains Tuesday as the major market indexes gapped up at the open and plowed higher throughout the session.
Stocks ended decisively lower after searching for direction through much of the session. The Nasdaq fell the hardest as tech stocks remained under pressure.
According to research firm Dell’Oro Group, Ericsson (ERIC) is the leader in the global evolved packet core (or EPC) market. Its research report states that Ericsson’s share in EPC is higher than China’s (FXI) Huawei.
In the previous part of this series, we saw that analysts expect Ericsson’s (ERIC) revenue to decline 5% in the third quarter of 2018. Ericsson’s sales might decline marginally by 0.6% to $22.9 billion in 2019 before rising 1.3% in 2020. While Ericsson’s EPS could fall 6% in 2018 to $0.16, analysts expect it to rise 125% in 2019 and at a CAGR (compound annual growth rate) of 229% over the next five years.
As of October 9, IBM’s (IBM) closing price was $147.24 per share. IBM has a market capitalization of ~$134.4 billion. IBM stock is trading 7.1% higher than its 52-week low of $137.45 and nearly 14% lower than its 52-week high of $171.13.
Cisco has handily beaten the S&P 500 index over the trailing 12 months, but can it keep giving investors market-beating returns?
Bullish stock chart patterns will persist in the best growth stocks. They will keep offering big profit opportunities thanks to human emotions at play.
As of October 9, the analysts from different brokerage firms that track IBM (IBM) stock provided ratings. Of the 24 analysts covering the stock, nine recommended a “buy,” 12 recommended a “hold,” and two recommended a “sell.” One analyst provided an “overweight” recommendation.
A glimpse at the 30-stock blue-chip index will reveal that the recent meltdown is likely to be transitory and can provide a good entry point for investors.
The Nasdaq is having its worst month since January 2016. But while Wednesday's drop was large, for much of the tech sector, this was the culmination of a months-long sell-off.
The stock of cybersecurity (HACK) firm FireEye (FEYE) fell 5.4% on October 8 to close at $16.43. The stock is currently trading 23% above its 52-week low of $13.40 and 15% below its 52-week high of $19.36. FireEye stock is currently trading below its IPO (initial public offer) price of $20.
Cisco says Textio's augmented writing tool, which creates gender-neutral job ads to resonate with a diverse pool of people, has greatly improved its diversity numbers. Ebay, DropBox, Twitter and others are betting on it too. Textio made CNBC's 2018 Upstart 100 list as a start-up to watch.
Jon Sakoda, who left NEA earlier this year to start a venture fund backed by Cisco, has revealed some details of the fund in a regulatory filing.
Donald Trump imposed a second round of tariffs on $200 billion in Chinese (FXI) imports on September 24. With these tariffs, Trump looks to force China to reduce its trade surplus with the United States, improve American intellectual property protection, and give US-based companies greater access to Chinese markets.
Mike Volpi, a partner at Index Ventures, had a pretty good week thanks to the Elastic IPO and Cloudera's merger with Hortonworks