Surging Earnings Estimates Signal Upside for VMware (VMW) Stock

Surging Earnings Estimates Signal Upside for VMware (VMW) Stock


VMware (VMW Free Report) appears an attractive pick given a noticeable improvement in the company’s earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.

Analysts’ growing optimism on the earnings prospects of this cloud computing company is driving estimates higher, which should get reflected in its stock price. After all, empirical…



Source link