After market news As of now will dis or csco exhibit uptrend in tomorrow intraday going forward


Aime
Cisco Systems (CSCO) is more likely to exhibit an uptrend in the tomorrow intraday session compared to The Walt Disney Company (DIS). Here's why:
- Recent Performance and Sentiment:
- Cisco Systems (CSCO) has outperformed the broader market, with a significant increase of 103.19% in the recent two days1. This recent performance indicates a strong bullish momentum for Cisco's stock.
- In contrast, while The Walt Disney Company (DIS) has shown a positive performance with a 1.62% increase over the recent two days2, it has lagged behind the S&P 500 Index and other sectors, and investor concerns remain about its Parks, Experiences, and Products segment3.
- Upcoming Earnings Report:
- Cisco Systems (CSCO) is set to report its earnings on November 13, 2024, which could provide a positive catalyst for the stock price if the reported earnings exceed market expectations45.
- The Walt Disney Company (DIS) also has an upcoming earnings report on November 14, 2024, but the growth prospects appear more modest, with analysts predicting a "modest" outlook for Disney+ subscriber growth and concerns about the Parks segment78.
- Strategic Developments:
- Cisco Systems (CSCO) has been gaining traction due to its AI-related order growth and a strong partner base, which positions it well for future growth9.
- The Walt Disney Company (DIS) is investing heavily in new attractions for its theme parks, which should become a primary profit engine for the company10. However, these investments may not yield immediate results and could pose short-term risks.
- Analyst Ratings and Estimates:
- Despite some concerns, the consensus rating for Cisco Systems (CSCO) is positive, with a "Strong Buy" rating from analysts, indicating optimism about the company's future performance35.
- The consensus rating for The Walt Disney Company (DIS) is also positive, with a "Strong Buy" rating, but the stock is trading at a premium compared to its industry average117.
In conclusion, based on the recent performance, upcoming earnings reports, strategic developments, and analyst ratings, Cisco Systems (CSCO) appears to be more poised for an uptrend in the tomorrow intraday session compared to The Walt Disney Company (DIS).
Source:
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CSCO percentage change for recent 2 days
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