We raise our fair value estimate for VMware VMW to $180 per share from $161 and maintain our narrow moat, High Uncertainty, and standard capital allocation ratings. Our fair value estimate increase is purely due to raising our probability of the pending acquisition by Broadcom AVGO closing and VMware’s valuation under the half stock/half cash … Read more
Momentum investing revolves around the idea of following a stock’s recent trend in either direction. In the ‘long’ context, investors will be essentially be “buying high, but hoping to sell even higher.” With this methodology, taking advantage of trends in a stock’s price is… Source link
Despite a slowing growth rate, chip giant Broadcom (NASDAQ:) has managed to outperform most of its peers in the semiconductor industry. The company reported a 5% year-over-year increase in revenue to $8.88 billion for the fiscal third quarter of 2023, ending in July. This is, however, a deceleration from the 8% growth witnessed in the … Read more
Panagora Asset Management Inc. decreased its holdings in VMware, Inc. (NYSE:VMW – Free Report) by 88.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,839 shares of the virtualization software provider’s stock after selling 58,511 shares during the period. Panagora Asset Management Inc.’s holdings in … Read more
The VMware Explore 2023 event in Las Vegas proved to be a momentous occasion, brimming with thrilling revelations, informative podcasts, and enlightening sessions on VMware vSAN. Let’s delve deeper into the pivotal announcement and the significant insights garnered during this event regarding vSAN. Introducing VMware vSAN Max: Petabyte-Scale Disaggregated Storage During the General Session at … Read more
On Friday, June 16th, our subscribers opened their email to find my June Vertical Options Trader picks. After looking over the trades, subscribers logged into their brokerage accounts and bought call spreads on Wayfair (W). At the time, each spread cost about $286. By Friday, July 14th, those subscribers closed out each position for $819. However, … Read more
Linn Freedman practices in data privacy and security law, cybersecurity, and complex litigation. She provides guidance on data privacy and cybersecurity compliance to a full range of public and private clients across all industries, such as construction, education, health care, insurance, manufacturing, real estate, utilities and critical infrastructure, marine, and charitable organizations. Linn is a member … Read more
On September 7, 2023, VMware (NYSE:VMW) received an upgraded rating from investment analysts at StockNews.com. The company’s rating was elevated from “buy” to “strong-buy,” reflecting increased confidence in its performance and potential. Shares of VMW stock opened on Thursday at $166.21. Over the past fifty days, the stock has shown a moving average of $157.36, … Read more
VMware (NYSE:VMW – Get Free Report) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday. Other analysts also recently issued research reports about the company. BMO Capital Markets raised their price objective on VMware from $140.00 to $160.00 and gave the stock … Read more
Security specialist Rubrik’s new Rubrik AI-Powered Cyber Recovery provides generative AI capabilities for VMware customers to help minimise data loss and reduce downtime following a cyberattack. Rubrik AI-Powered Cyber Recovery provides backup administrators with recommended task lists and guided workflows. A recent Rubrik Zero Labs State of Data Security report found … Read more