Prev Close | 20.95 |
Open | 20.80 |
Day Low/High | 20.66 / 21.92 |
52 Wk Low/High | 19.74 / 44.50 |
Volume | 3.59M |
Prev Close | 20.95 |
Open | 20.80 |
Day Low/High | 20.66 / 21.92 |
52 Wk Low/High | 19.74 / 44.50 |
Volume | 3.59M |
Exchange | NASDAQ |
Shares Outstanding | 220.57B |
Market Cap | 4.79B |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
The tech sector's tumble might have more in common with the events of 1987 than those of 2000/2001. If this proves the case, some buying opportunities are forming.
I'm going to target the shorter-term trade right now.
Among other things, Intel disclosed weak server CPU sales figures and shared more details about its plans to battle TSMC and Samsung in the foundry market.
... but there's no rush to be a buyer.
It's easy to see both large software companies and PE firms targeting at least a few moderately-valued software firms next year.
Though many quality tech companies still look expensive, there are some exceptions out there.
There are still quality, reasonably-priced, tech companies out there, albeit with some risks attached.
I wouldn't fault anyone for sitting in cash over the weekend, but if you are seeking a play, this has appeal.
The company has been transitioning from a transactional hardware sales model to a subscription software model.
Also, another buy setup is emerging in Nutanix.
In the market cap bracket between $5 billion and $100 billion sit some of the most egregiously overvalued, economically inefficient bubble stocks in this peaking market.
As NetApp tumbled and sparked a broader selloff in enterprise hardware stocks, AWS and other cloud giants are still reporting strong growth.
NTNX has been in a downtrend the past twelve months with the stock losing two-thirds of its value.
Let's check out the NTNX charts and indicators.
There is an opportunity for a quick pop to the $42-$47 area.
Clearly, the first half of the month shaped up better than the second half.
I favor staying long the name but prefer a little more time on my side.
When analysts are becoming more bearish on price, yet price pushes higher, the market is telling analysts they are wrong.
These names are showing technical characteristics of either bullish or bearish reversal patterns over the past week.
In a talk with TheStreet, CEO George Kurian says macro conditions still bode well for IT spending, and that NetApp continues taking flash storage share from rivals.
Shark Tank star Kevin O'Leary is bullish on technology stocks.
The types of switches that Amazon reportedly wants to sell to businesses have seen limited enterprise traction to date. However, recent tech trends could make them more popular.
TheStreet went one-on-one with Nutanix CEO Dheeraj Pandey to discuss the astronomical rise of cloud stocks.
Shark Tank start Kevin O'Leary, Chairman of O'Shares ETF Investments, is bullish on Internet stocks - even ones you've never heard of.
There are some technical clues and signals we can glean from the latest charts.
Innovative flash storage offerings and software that integrates well with public clouds have helped NetApp grow in a challenging environment.
There are lessons and profits to be gained from studying Warren Buffett's misses.
You've come to the right place.
Cloud adoption and other trends are making life tough for the some of the storage industry's traditional giants.