These are not particularly enjoyable days to be an EMC (NYSE: EMC )
shareholder. While the company's market share in its bread-and-butter
storage offerings is quite strong, and EMC has launched numerous
products/platforms with good long-term growth potential, the storage
market itself has seen a lot of change and turbulence. With that, the
Street seems virtually indifferent to the company's good margins and
strong cash flows and is focused instead on short-term revenue growth
concerns. EMC looks exceedingly cheap on a DCF basis, but readers
thinking of buying today need to be prepared to ride out the transition
issues of 2014.
Click this link for the full article:
EMC Corporation's Transition Issues Have It Stuck in a Value Trap
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