- You can view the full Cisco Systems Ratings Report.
The Dow Jones Industrial Average ( ^DJI) is trading down 76.0 points (-0.6%) at 13,163 as of Tuesday, Mar 20, 2012, 10:35 a.m. ET. During this time, 246.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 634 issues advancing vs. 2,180 declining with 103 unchanged. The Dow component leading the way higher looks to be Cisco Systems (Nasdaq: CSCO), which is sporting an eight-cent gain (+0.4%) bringing the stock to $20.22. Volume for Cisco Systems currently sits at 12.7 million shares traded vs. an average daily trading volume of 46.8 million shares. Cisco Systems has a market cap of $106.52 billion and is part of the technology sector and computer hardware industry. Shares are up 10.8% year to date as of Monday's close. The stock's dividend yield sits at 1.6%. Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide. The company has a P/E ratio of 15.8, below the average computer hardware industry P/E ratio of 17.1 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Cisco Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.