This means for the near term EMC appears to be neutral because the share price may not move to the upside until fourth quarter results are released.Ĭontrarily the chart shows a different story. Therefore over the next six months we should be seeing a dud third quarter that simply matches estimates followed by a record setting fourth quarter. Historically the biggest increases in revenue, EPS, and net income are from the third to the fourth quarter. Revenue, earnings per share (EPS), and net income have more or less increased year over year. Over the last 10 quarters EMC has seen slow growth across the board. On the other hand the chart makes the stock a "sell." With that said, EMC's financials are very strong and present a long term trend investors can count on. Also, cloud storage and big data are in line to expand to unbelievable levels by 2020. One reason EMC has been able to do well is because EMC is at the forefront of data storage with a focus on cloud storage. The most important question is whether EMC is a buy, sell, or hold the rest of 2011.ĮMC has been one of the more stronger companies in the stock market over the past few years. Unfortunately for the stock, these upgrades came during a cyclical sell off of securities. Also, EMC received upgrades this week from Collins Stewart and Oppenheimer. Because EMC's share price has dipped down to January 2011 levels, a strong argument can be made in favor of buying the stock. Another technology bellwether that faced the same fate with a smaller share price is EMC ( EMC). Even strong companies such as Apple ( AAPL) and Google ( GOOG) were not able to avoid the sell off. While just about every stock has been in a tailspin this week I do not recommend opening any new long positions in any stock.
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