The American based multinational networking corporation Cisco systems has been one of those companies which is most likely to gain the confidence of the investors, as reported by an investment management firm Morning Star.
According to latest Cisco news the American investment firm has given AA rating to the multinational network manufacturer which indicates that the company is a very-low default risk. This credit rating is enough to tell that the networking firm would be able to fulfill its financial commitments. It is expected that this rating is most likely to attract investment towards the manufacturing firm because investors are interested in firms that fulfill financial commitments on time.
The stock of the American networking manufacturer has been able to attain a three star rating which further strengthens and enhances the financial position of the manufacturer in the competitive business world. The three star rating given by Morning star is enough to suggest that the shareholders of the multinational company would be amongst those who would be able to get a fair return.
Other investment research expert institutions have also released their reports regarding the stocks of the network manufacturer. Those reports also support the financial analysis done by the American investment firm. As according to market sources Cisco systems has been given a buy rating by analysts of investment firms Sanford C. Bernstein and Argus which is enough to suggest that investors should buy the shares of the network manufacturer.
According to Cisco news other financial indicators also indicate that the network manufacturer has the potential to attract investors and grow in the financial world. The company recently announced that its earnings per share has exceeded the forecasted earning per share by $0.02 which is enough to tell that the network manufacturer has earned much more than expected.
Apart from earning per share and credit rating the quarterly dividend announced by the networking company also tends to paint a good picture of the network manufacturer. Cisco Systems announced a dividend of $0.21 per share which is greater than the previously announced dividend of $0.19. The dividends being paid by the network manufacturing company to its shareholders indicate that the company is most likely to grow rapidly. In today’s competitive modern business world investors are most likely to invest in firms that pay higher returns on time and investments made by them are most likely to play a key role in the growth of firms in the market.
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