Tag Archives: csco

Tech A ‘Victim,’ Apple Still A Buy, Says BMO Capital

Technology stocks have been a “victim” of profit-taking early in 2016, says BMO Capital Markets, which expects the S&P 500 index, now trading near 1,900, to rebound to 2,100 by year-end. Among tech stocks rated outperform by BMO are Apple (AAPL), Google-parent Alphabet (GOOGL), Cisco Systems (CSCO), chipmaker Texas Instruments (TXN) and Visa (V), which has been innovating in online and mobile payments. Amid the broad market sell-off this month,

Apple Future Bright In Enterprise, Says Goldman Sachs

Apple (AAPL) iPhone sales seem to be losing some momentum among consumers, but the company’s future is bright in the enterprise market, according to Goldman Sachs’ latest survey of chief information officers. Microsoft (MSFT) is currently the top strategic IT vendor for CIOs, followed by Cisco Systems (CSCO) and IBM (IBM). “In terms of being the most strategic vendor three years from now, Apple, (Alphabet’s (GOOGL) Google, Red Hat (RHT) and Cisco

Silver Spring Might Benefit More Than Splunk, Tableau

Growing demand means Big Data and enterprise software stocks Tableau Software (DATA) and Splunk (SPLK) should do well in the new year, advises Pacific Crest Securities, and that means Silver Spring Networks (SSNI), a Cisco Systems (CSCO) rival, ought to do great. That’s because “the multiyear shift to digital and rising Internet of Things (IoT) momentum” is driving Big Data analytics, Pacific Crest analyst Brent Bracelin said in a research note