Despite macroeconomic uncertainty, networking giant Cisco Systems expects to grow revenue during its fiscal third quarter, results for which will be announced on Wednesday. Weakness in Cisco's fast-growing data center segment during the second quarter was concerning, but the company expects this to be a temporary issue. The security business is still growing fast, with Cisco aiming to become a diversified provider of security solutions.
Customer relationship management (CRM) software provider Salesforce.com will also report results on Wednesday. The company continues to grow rapidly and produce plenty of free cash flow, but Salesforce's GAAP earnings remain essentially non-existent. Free cash flow is far from perfect, and Salesforce will eventually need to prove to investors that it can produce consistent profits.
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Following some terrible results from fellow retailers, Wal-Mart Stores will report its first-quarter numbers on Thursday. Earnings will take a hit due to higher wages and investments in training and e-commerce, but Wal-Mart does expect to grow comparable sales in the United States. One of Wal-Mart's e-commerce initiatives, online grocery ordering and pickup, looks particularly promising.
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The article 3 Stocks to Watch Next Week: Cisco, Salesforce, and Wal-Mart originally appeared on Fool.com.
Timothy Green owns shares of Cisco Systems. The Motley Fool owns shares of and recommends Salesforce.com. The Motley Fool recommends Cisco Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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