About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Take a Bite: This Snack Giant Is a Safe-Haven Stock Worth Buying

Cookie Aisle at Grocery Store — Stock Editorial Photography

With sector rotation upon us, it is time for investors to take a more significant bite out of safe-haven names like Mondelez (NASDAQ: MDLZ). The rotation is due to the recent inflation data and FOMC policy statement, which were sell-the-news events. They are sell-the-news events because they signal a shift in policy that will lead to easing economic conditions and a broader rally in stocks sometime in the future. 

The market will experience volatility and turbulence between then and now, seeing many previous leaders fall. The market is heavily concentrated in leaders like NVIDIA (NASDAQ: NVDA) and Microsoft, which are already experiencing some of the largest declines. 

The term "safe-haven" refers to stocks with established, resilient businesses, such as consumer staples, that are capable of weathering market volatility. One way to measure that is with beta; the lower the beta, the less volatile relative to the S&P 500 (NYSEARCA: SPY). Because Mondelez has a beta of 0.5x, it is half as volatile as the S&P 500 and is already trading near significant lows and critical support targets, unlikely to fall further.

Cash Flow, Capital Returns, and Value Make Mondelez Worth Owning

What makes Mondelez a low-volatility stock worth holding? Its cash flow, financial health, and capital return. The dividend is only part of the story, yielding about 2.5% at current price points, but it is central to the story. The company pays about half of its earnings in dividends, about 53% of the 2024 consensus estimate, allowing ample room to sustain dividend increases. Dividend increases foster buy-and-hold investing. 

Buy-and-hold investing helps to reduce volatility. Aside from the single distribution cut associated with the separation from Kraft in 2012, the company has only increased its dividend and is now tracking for Dividend Aristocrat status. That will reduce volatility further as Dividend Aristocrat-tracking funds and investors buy into the stock. Share repurchases help to provide upward price pressure to the market by reducing the share count; Mondelez's share count fell by 1.7% in Q2 and 1.4% in the first half, and buybacks are expected to continue for the foreseeable future. 

Modelez Reports Mixed Results for Q2

Mondelez reported mixed results for Q2, with revenue falling nearly 2% compared to last year and missing consensus estimates. Offsetting factors include the 2.5% organic growth and cash flow efficiency it produced. The company’s GAAP earnings were impacted by non-cash impairments and costs related to ERP implementation. However, the adjusted earnings rose by 25% compared to last year, beating the consensus estimate by a wide margin and sustaining flat cash flow levels despite the top-line weakness. ERP costs will fade over the next few quarters while increasing efficiencies and highlighting growth opportunities, so they are acceptable today. 

The analysts' response to the news was promising, ending a string of price target reductions with several raised targets. The takeaway is that MDLZ stock offers deep value trading below the analysts' lowest target, the consensus offers nearly 20% upside, and the sentiment is improving. In this scenario, the price action in MDLZ could begin advancing soon and move up to the consensus $79 before the year’s end, setting a new all-time high. 

The price action in MDLZ is favorable to a rebound. The spring sell-off stalled at the critical moving averages, where it shows signs of support. The critical hurdle is the 150-day moving average, which is still above the action. If MDLZ can’t move above that level, it will likely remain range-bound at the current levels. Because the indicators also show support at this level and are set up for a strong trend-following entry signal, that is not expected, and higher prices are likely soon. 

Mondelez MDLZ stock chart

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