As earnings season comes to a close, investors have just a few more big name reports before another three month lull. So far, this most recent slew of earnings has been so-so, with a number of bellwether firms both meeting and missing their respective analyst targets.? Many? had hoped that a strong? earnings? season would help offset some of the volatility overseas but it seems that we will? have? to wait until next quarter for another chance at that goal. For now, we focus on the remaining firms that report at the tail end ? of this important stretch of the year [see also The Ten Commandments of Commodity Investing]. Today will see the second quarter earnings results
Authentic nfl jerseys from? networking? giant Cisco (CSCO). The company is best known for their routers and other associated products that are utilized by businesses and individuals alike. Last year at this time, investors were still horrified that Cisco would report another drab quarter and send their share price tumbling. But it should be noted that the company has surpassed analyst expectations for four straight quarters now, and a win today would make it five. CSCO's stock price has jumped 50% from its lows in August of last year [see also The Truth About Alternative Weighting Methodologies (And ETFs)]. Analysts are calling for for EPS of 0.43 as well as a revenue of 11.22 billion which would mark a nice jump of 8% from the same period last year. Also important in every Cisco announcement is their forecast; the company is well known for forecasting the coming quarter and analysts now have estimates for how the forecast will look. For the first full quarter of 2012, analysts feel that Cisco will predict EPS of 0.45 with a jump in revenues to 11.46 billion. In light of this major
custom nhl jerseys announcement, today's ETF to watch will be the S&P North American Technology-Multimedia Networking Index Fund (IGN).? This ETF? measures? the performance of U.S.-traded multimedia networking stocks and has over 212 million in assets. Cisco comes with a 8.4% weighting in the fund; while it is technically ranked fifth in overall holdings, consider that the top holding takes home an allocation of only 8.6%. It should be noted that Cisco will report after market close today, but for investors who want to make a play on this report, today will be the day to establish a position [see also Fund Managers Turn Bullish As "Risk Appetite" Increases]. Disclosure: No positions at time of writing. Click here to read the original article on ETFdb.com. Related Posts:Thursday's ETF To Watch: iShares Multimedia Networking Index Fund (IGN)Thursday's ETF To Watch: iShares Goldman Sachs Network Index Fund (IGN)Wednesday's ETF To Watch: Technology ETF (IGN)Technology ETFs: Social Media, SSDs, Smartphones, and MoreThree
nfl headset ETFs To Watch This Week: EWA, IGN, UNG
