Investopedia: EMC's Steady Growth Still Undervalued

EMC (NYSE:EMC) isn't a hyper-growth story like its majority-owned subsidiary VMware (NYSE:VMW) or emerging storage name Fusion-IO (NYSE:FIO), but it's a dependable leader in a major market. Bears may fret about the magnitude of the IT spending slowdown in 2012 and the potential for management to misspend its growing cash balance, but this stands out as a quality tech holding all the same.

A Good Close to the Year  
EMC doesn't often beat analysts' estimates by a big margin, but the company is a steady performer all the same. As the info storage business was quite strong, fourth quarter revenues rose 14% on an annual comparison and more than 11% sequentially. Mid-range systems grew about 24% this quarter, while the high-range line grew about 11%. Isilon is still a relatively small contributor to EMC, but this acquisition is chugging along at a 100% growth rate right now.

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