|Day Low/High||175.25 / 176.00|
|52 Wk Low/High||115.31 / 179.49|
As the market has encountered a bit of volatility and tech stocks began to falter overall, many cloud companies have outpaced the market on the way down.
"We are still perceived as just a hardware company and that's not true," Robbiati said.
I tire of hearing that there has been a correction.
Attempts to rally have failed, with the data center's supposed weakness at the heart of it.
Things may pick up in the afternoon -- here is how to play it and what sectors to be wary of.
Insiders buy for only one reason -- to make money.
Perhaps it is worth it to remember how fabulous these companies are so we can understand why they can come back.
Sometimes mergers and acquisitions are so good they start paying off right away.
Some groups that have been in horrendous bear market mode finally caught a bid.
With all the selling, the market is afraid of even the good buys, like Amazon and Northrop Grumman.
Shares closed Monday down 4.1% to $119.64, the lowest level since February 11, 2016.
IBM may have closed its talent gap but some are wondering if it can keep all the new developers?
The overall sense of this market is that there's no place to hide.
But I will be looking for something else in the next few weeks.
The momentum of acquisitions isn't stalling. Here's what names might be in the mix.
I can see this group bottoming a heck of a lot faster than others.
I'm simply focusing on individual stocks at this point and am not too concerned about the macro picture.
IBM is very oversold based on its charts, but that is not a reason in itself to go long; indeed, shorts should consider covering their positions.
This month has been lousy, but there are factors that could still produce a year-end rally.
* The dark ages! * The RHT deal is a belated move that smacks of desperation and failure to grow organically For years IBM has been buying its shares into a backdrop of declining fundamentals. Over the weekend, IBM announced the acquisition of Red...
There is much talk that IBM is overpaying for Red Hat, but this deal is a net positive for the market as a whole.
IBM's shot at Amazon is aimed at the future, but is the short term cost too high?
This name has significantly outperformed both the S&P 500 and the health care sector over the course of this awful month
2 options plays in Salesforce as the Dreamforce conference kicks off for this 'Cloud King.'