Cisco Systems, Inc. (CSCO) Won Verizon Communications Inc. (VZ) Contract: Will It Help CSCO Stock?

Cisco Systems, Inc. (NASDAQ:CSCO) had a pretty ordinary year till now in 2015, with stock prices going up and down since the beginning of this year. But Cisco Systems, Inc. (NASDAQ:CSCO) has officially won a Verizon Communications Inc. (NYSE:VZ) contract to help with the 100G technology development. Investors hope that this might act as a huge catalyst for the stock in the days to come. ‘The Street’ article discuss about the Cisco Systems, Inc. (NASDAQ:CSCO)’s contract with Verizon and the benefits that Cisco Systems, Inc. (NASDAQ:CSCO) can achieve from this.

Cisco, cyber security, security, is CSCO a good stock to buy, cyber attacks,

According to ‘The Street’ article, Verizon communications inc. (NYSE:VZ) wanted to modernize the optical network. The telecom company is interested in basically switching from legacy optical networks to a packet based optical transport. This might enhance the network speed significantly.

Cowen Analysts’ estimate the revenue generation from this contract for Cisco Systems, Inc. (NASDAQ:CSCO) to be around $200 million to $300 million over the period of 2 years, which is huge.

TheStreet ratings team has upgraded Cisco Systems, Inc. (NASDAQ:CSCO) stock to a ‘buy’ rating.

“We rate CISCO SYSTEMS INC (CSCO) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook,” TheStreet ratings team was quoted as saying in the article.

The article also highlighted the key highlights from TheStreet ratings team analysis.

  1. Cisco Systems, Inc. (NASDAQ:CSCO)’s revenue growth has outpaced the average industry growth.
  2. Cisco Systems, Inc. (NASDAQ:CSCO) stock went up by 30.65% in the last 1 years, outpacing the S&P 500 Index.
  3. YoY equity return has increased slightly.
  4. YoY net income growth has outpaced the S&P 500 and communications equipment industry.

Disclosure: None

I just made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.