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Is the Price of CSCO Stock Justified by its Earnings?

Thursday, November 14, 2019 01:11 PM | InvestorsObserver Analysts

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Is the Price of CSCO Stock Justified by its Earnings?

Cisco Systems, Inc. (CSCO) is near the top in its sector according to InvestorsObserver.

CSCO gets an overall rating of 52. That means it scores higher than 52% of stocks.

Cisco Systems, Inc. gets a 64 rank in the Technology sector. Technology is number 6 out of 11 sectors.

Click Here to get the full Stock Score Report on Cisco Systems, Inc. (CSCO) Stock.

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score.

The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Cisco Systems, Inc. Stock Today?

Cisco Systems, Inc. (CSCO) stock is trading at $44.80 as of 12:59 PM on Thursday, Nov 14, a decline of -$3.66, or -7.56% from the previous closing price of $48.46. The stock has traded between $44.63 and $46.00 so far today. Volume today is high. So far 43,079,817 shares have traded compared to average volume of 17,383,203 shares.

To screen for more stocks like CSCO click here.

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