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Stocks in Review: AT&T Inc. (T), EnteroMedics Inc. (ETRM), Cisco Systems, Inc. (CSCO)

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AT&T Inc. (T) traded within a range of $40.24 to $41.06 after opening the day at $40.66. The company has seen its stock decrease in value by -2.93% so far this year. The stock was up close to 0.02% on light volume in last trading session and closed at $40.81 per share. After the recent gain, the stock is currently holding -4.06% below its 52 week high of $43.89 and 27.97% above its 12-month low of $33.43. The shares are up by over 5.83% in the last three months, and the RSI indicator value of 49.8 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

EnteroMedics Inc. (ETRM) continued its upward trend with the stock climbing 56.5% or $10 to close the day at $27.7 on active trading volume of 21.28M shares, compared to its three month average trading volume of 11.44M. The St. Paul Minnesota 55113 based company has been outperforming the medical appliances & equipment group over the past 52 weeks, with the stock gaining 1982.71%, compared to the industry which has advanced 14.92% over the same period. With RSI of 98.41, the stock should still continue to rise and get closer to its one year target estimate of $140, making it a hold for now.

EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. The company develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness. It has collaboration with Mayo Clinic for the development and testing of products for the treatment of obesity. The company was formerly known as Beta Medical, Inc. and changed its name to EnteroMedics Inc. in 2003. EnteroMedics Inc. was founded in 2002 and is headquartered in St. Paul, Minnesota.

Cisco Systems, Inc. (CSCO) gained $0.2 to close the day at a new closing price of $30.38, a 0.66% increase in value from its previous closing price that moved the stock 40.07% above its 52 week low of $22.46. A total of 21.03M shares exchanged hands during the day compared with its three month average trading volume of 22.27M. The stock, which fluctuated between $30.1 and $30.55 during the day, currently situated -3.92% below its 52 week high. The stock is up by 2.31% in the past one month and down by -2.63% over the past three months. With a one year target estimate of $33.11 and RSI of 52.74, the stock still has upside potential, making it a hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

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