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Holding the Dow back today was Cisco Systems (Nasdaq: CSCO), which lagged the broader Dow index with a nine-cent decline (-0.3%) bringing the stock to $28.94. Volume for Cisco Systems ended the day at 20.1 million shares traded vs. an average daily trading volume of 24.4 million shares.Cisco Systems has a market cap of $148.56 billion and is part of the technology sector and computer hardware industry. Shares are up 4.4% year-to-date as of Friday's close. The stock's dividend yield sits at 2.9%. Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. TheStreet Ratings rates Cisco Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, reasonable valuation levels and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Cisco Systems Ratings Report.