Industry

2 Sizzling Hot Tech Stocks: Cisco Systems, Inc. (CSCO), AT&T Inc. (T)

Cisco Systems, Inc. (CSCO) ended last trading session with a change of -0.47 percent. It trades at an average volume of 20.9M shares versus 15.69M shares recorded at the end of last trading session. The share price of $34.1 is at a distance of 35.58 percent from its 52-week low and down -1.25 percent versus its peak. The company has a market cap of $171.01B and currently has 5.02B shares outstanding. The share price is currently 1.06 percent versus its SMA20, 7.22 percent versus its SMA50, and 12.38 percent versus its SMA200. The stock has a weekly performance of -0.26 percent and is 13.81 percent year-to-date as of the recent close.

On Mar 13, 2017 Cisco Systems, Inc. (CSCO) announced the appointment of Brenton L. Saunders, Chairman, President and CEO of Allergan plc, to its board of directors. The appointment is effective immediately.

“I’m thrilled that Brent is joining Cisco’s board at such an exciting time for our industry,” said Chuck Robbins, CEO, Cisco. “Brent is a natural innovator and leader with a deep understanding of business transformation and I’m looking forward to his many contributions in shaping the future of Cisco.”

AT&T Inc. (T) recently recorded 0.05 percent change and currently at $42.37 is 18.73 percent away from its 52-week low and down -0.39 percent versus its peak. It has a past 5-day performance of 0.98 percent and trades at an average volume of 20.24M shares. The stock has a 1-month performance of 2.57 percent and is 0.78 percent year-to-date as of the recent close. There were about 6.16B shares outstanding which made its market cap $260.96B. The share price is currently 1.62 percent versus its SMA20, 1.92 percent versus its SMA50, and 5.75 percent versus its SMA200.

March 13, 2017 — AT&T Inc. (T) is working with entertainer Mark Wahlberg on an advertising campaign set to launch in April.  As part of the deal, Wahlberg will appear in a series of TV and digital ads celebrating the ways AT&T lets you take your entertainment everywhere you go.

“Only AT&T gives you your live channels and DVR on your devices, data-free[1],” said Brad Bentley, executive vice president and chief marketing officer – AT&T Entertainment Group.  “And, there’s no one more authentic to show how AT&T does entertainment your way, than Mark Wahlberg – a no-nonsense entertainer himself.”

 

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