Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

2/16/17

Big Cap techs continue to shine. Cisco Systems (CSCO) rose 2% to a new 52 week high thanks to better than expected earnings and forecasted better quarterly revenue for the current quarter. Both the CEO and CFO of the routing and server giant explained that the company is transforming to a software-centric outfit to generate more cash flow. Cisco raised their dividend 12% and yields 3.4%. Not bad for a stock at a 52 week high.

TripAdvisor (TRIP) needs to come back from vacation. The Internet travel agency company tumbled 10% after missing earnings by 15 cents while also missing sales. Revenue only rose 2.3% year over year. The Chief Financial Officer Ernst Teunissen said their significant investments in their growth initiatives dampened full year 2016 financial results. The company is looking for a turnaround, but investors are not so sure.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.