iShares U.S. Telecommunications ETF [IYZ] Stock Forecast

IP-based networking company Cisco Systems (CSCO) has announced its acquisition of cybersecurity heavyweight, Splunk (SPLK), for a staggering $28 billion.

Roku's strategic cost-cutting measures, including workforce reductions and hiring slowdown, have driven a surge in its stock price.

Cisco (CSCO) beat on both earnings and revenues but offered a downbeat guidance for the fiscal year. This has put ETFs with the largest allocation to this networking giant in focus.

With the Telecom sector posting mixed results for Q2 2023, look into Telecom ETFs to capitalize on the opportunities present.

Cisco beat on both earnings and revenues, and offered an encouraging revenue guidance for the current quarter. However, orders declined 23%%, sending shares down.

With AT&T and Verizon reporting their earnings for Q1 of 2023, take a look into how the Telecommunications sector is performing.

Cisco Systems (CSCO) beat on both earnings and revenues, and offered encouraging revenue guidance for the current quarter. Cisco also raised its fiscal-year revenue outlook.

Cisco Systems (CSCO) beat on both earnings and revenues, and provided an upbeat revenue forecast for the October quarter, citing easing supply-chain constraints.

The "Halftime Report" traders give their top picks to watch for the second half.

Though Cisco beat on earnings, it missed on revenues and lowered its revenue guidance for the ongoing quarter on concerns about China's COVID shutdown that accelerated supply-chain problems.

iShares U.S. Telecommunications ETF is a US stock and trading under the symbol IYZ

iShares U.S. Telecommunications ETF stock price is $21.29 today.

Yes, iShares U.S. Telecommunications ETF is a publicly traded company.