A Word About the Cloud
I have one word to say about cloud computing, and companies like Vmware (VMW): Momentum. It’s there or its not.
I have one word to say about cloud computing, and companies like Vmware (VMW): Momentum. It’s there or its not.
Cloud computing stock VMWare (VMW) gave negative guidance last week. VMW and F5 Networks (FFIV) aren’t good buys right now.
VMware (VMW) is where it should be. I would focus on the long-term support line and see if you could get in just above $75 a share.
VMware (VWM) was sold on strength last year. I wanted a dip to get back in. Now the stock is lower, but it isn’t worth as much as it used to be.
The market’s been on a tear, and I’m going to build cash while I can. Today I’ll sell F5 Networks (FFIV) and VMware (VMW) from the Growth Portfolio.
VMWave (VMW) doesn’t have a catalyst to move the stock higher. Take profits when VMW goes over $100 a share. This stock is basing.
VMware (VMW) came through with strong results last quarter — sending shares higher — but the CEO said revenue growth will slow in 2012. My numbers show the same. VMW is fairly valued here.
We are getting a chance to buy VMware (VMW) at the bottom of its trading range. Take a pen, draw a line and touch the bottoms in the chart. VMW stock is right-around-there. I’m taking the shot.