Friday, November 16, 2012

Investopedia: NetApp Handling This Rough Patch Relatively Well

It's starting to look as though those tech companies reporting late in the cycle have better news to give to the Street, as Cisco's (Nasdaq:CSCO) earnings report was decent and now so too was NetApp's(Nasdaq:NTAP). Although it's an open question as to whether much share is shifting between EMC (NYSE:EMC) and NetApp, both companies seem to be putting lesser competitors further and further behind. While there's definitely a risk that the near-term IT spending environment could worsen, NetApp still looks attractively-priced as a growth play on enterprise storage.

Continue here:
http://www.investopedia.com/stock-analysis/2012/NetApp-Handling-This-Rough-Patch-Relatively-Well-NTAP-EMC-IBM-CSCO1116.aspx

No comments: