Friday, February 15, 2013

Investopedia: NetApp Seems Stupid-Cheap

a stock seems too cheap, there's really only two things to do (and they're not mutually exclusive) - run the numbers backwards and forwards, and buy it. While the IT hardware market in general, and the network storage market in particular, has slowed in recent quarters, NetApp (Nasdaq:NTAP) looks too cheap, unless analysts are completely wrong in their basic assumptions. Although I don't think NetApp is going to seriously threaten EMC (NYSE:EMC) for the storage throne, fading efforts at Dell (Nasdaq:DELL), Hewlett-Packard (NYSE:HPQ) and maybe IBM (NYSE:IBM), leave plenty of share to grab above and beyond the underlying market growth.

Please follow this link:

No comments: