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NetApp Inc

NetApp Inc (NTAP)

97.95
-2.19
(-2.19%)
At close: April 19 4:00PM
97.95
-2.19
( -2.19% )
After Hours: 5:35PM

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Key stats and details

Current Price
97.95
Bid
97.50
Ask
98.00
Volume
1,692,488
97.75 Day's Range 100.74
60.92 52 Week Range 112.48
Market Cap
Previous Close
100.14
Open
99.84
Last Trade
5
@
98.12
Last Trade Time
16:25:05
Financial Volume
$ 167,758,536
VWAP
99.1195
Average Volume (3m)
1,909,752
Shares Outstanding
178,278,664
Dividend Yield
2.04%
PE Ratio
13.71
Earnings Per Share (EPS)
7.15
Revenue
6.36B
Net Profit
1.27B

About NetApp Inc

NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for mu... NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees. Show more

Sector
Computer Storage Devices
Industry
Computer Storage Devices
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
NetApp Inc is listed in the Computer Storage Devices sector of the NASDAQ with ticker NTAP. The last closing price for NetApp was $100.14. Over the last year, NetApp shares have traded in a share price range of $ 60.92 to $ 112.48.

NetApp currently has 178,278,664 shares outstanding. The market capitalization of NetApp is $17.47 billion. NetApp has a price to earnings ratio (PE ratio) of 13.71.

NetApp (NTAP) Options Flow Summary

Overall Flow

Bearish

Net Premium

-103k

Calls / Puts

50.00%

Buys / Sells

200.00%

OTM / ITM

0.00%

Sweeps Ratio

0.00%

NTAP Latest News

NetApp entre en partenariat avec Google Cloud afin de maximiser la flexibilité pour le stockage des données sur le cloud

Les nouvelles capacités et intégrations Google Cloud NetApp Volumes rendent le cloud plus sécurisé et simple pour les initiatives clés comme l'IA générative NetApp® (NASDAQ : NTAP), la société...

NetApp schließt Partnerschaft mit Google Cloud zur Maximierung der Flexibilität für Cloud-Datenspeicher

Neue Google Cloud NetApp Volumes Funktionen und Integrationen machen die Cloud sicherer und einfacher für wichtige Initiativen wie generative KI NetApp® (NASDAQ: NTAP), das Unternehmen für...

ネットアップ、Google Cloudと提携し、クラウドデータ・ストレージの柔軟性を最大化

Google Cloud NetApp Volumesの新機能と統合により、クラウドはよりセキュアでシンプルになり、生成AIなどの主要なイニシアチブへの対応が可能に (ビジネスワイヤ) -- インテリジェント・データ・インフラ...

NetApp Partners with Google Cloud to Maximize Flexibility for Cloud Data Storage

New Google Cloud NetApp Volumes capabilities and integrations make the cloud more secure and simple for key initiatives such as generative AI NetApp® (NASDAQ: NTAP), the intelligent data...

ネットアップ、Google Cloudテクノロジーパートナー・オブ・ザ・イヤーのインフラストラクチャー・ストレージ部門を受賞

(ビジネスワイヤ) -- インテリジェント・データ・インフラストラクチャー企業のネットアップ(NASDAQ:NTAP)は、Google Cloud NetApp Volumesが、Google Cloudが選出する2024年テクノロジーパートナー・オブ...

NetApp remporte le prix Google Cloud Technology Partner of the Year pour la catégorie Infrastructure - Stockage

NetApp® (NASDAQ : NTAP), l'entreprise d'infrastructure de données intelligente, a annoncé avoir reçu le prix 2024 Google Cloud Technology Partner of the Year dans la catégorie Infrastructure...

NetApp gewinnt den Google Cloud Technology Partner of the Year Award for Infrastructure - Storage

NetApp® (NASDAQ: NTAP), das Unternehmen für intelligente Dateninfrastruktur, gab bekannt, dass es den Google Cloud Technology Partner of the Year Award 2024 in der Infrastructure - Storage...

NetApp Wins Google Cloud Technology Partner of the Year Award for Infrastructure - Storage

NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, announced it has received the 2024 Google Cloud Technology Partner of the Year Award in the Infrastructure - Storage category...

ネットアップ、エヌビディアとの協業によりセキュアな「データとの対話」を実現

新たな統合により、ハイブリッド・マルチクラウド全体でセキュアでプライベートな生成AI向けにエクサバイト規模のデータが活用可能に (ビジネスワイヤ) -- ネットアップ(NetApp®)(NASDAQ:NTAP)は、エ...

NetApp ermöglicht Kunden in Zusammenarbeit mit NVIDIA das sichere „Sprechen mit ihren Daten“

Neue Integration erschließt Exabytes an Daten für sichere, private generative KI in der Hybrid-Multicloud NetApp® (NASDAQ: NTAP) hat heute seine Zusammenarbeit mit NVIDIA bekannt gegeben, um...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-5.76-5.55394851027103.71103.9997.751348712101.7130298CS
4-7.31-6.94470834125105.26108.8297.751352634104.09131236CS
128.6859.7294572340889.265112.4883.8190975298.48914188CS
2622.0829.102412020675.87112.4870.82190387391.032428CS
5231.0746.456339712966.88112.4860.92200358081.66089167CS
15620.5426.534039529877.41112.4858.08179358078.0067519CS
26020.5926.615822130377.36112.4834.66204490266.32795358CS

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NTAP Discussion

View Posts
Monksdream Monksdream 2 months ago
NTAP new 52 week high
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fung_derf fung_derf 5 months ago
This stock just popped up for me as one worth looking into. Any thoughts would be appreciated.
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whytestocks whytestocks 4 years ago
$NTAP short squeeze Netapp Inc Nasdaq Ntap Short Squeeze
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TFMG TFMG 5 years ago
$NTAP Safe bet on NETAPP's steady growth.

There is absolutely nothing wrong with a safe steady bet, NTAP has a proven track record of continual growth and trades at a very reasonable P/E of 17. While it has traded well of the lows from December 2018 it has still considerable runway ahead to get back to the 52 week high of $88. Earnings approach and the chart looks good from a technical perspective, with indicators all turning positive, as BUY volume increases. Maybe NTAP is becoming somewhat of a safe haven for investors looking for growth but at a reasonable cost.

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ValueInvestor15 ValueInvestor15 7 years ago
NetApp trading at a slight 3% discount to Fair Value with earnings expected Wednesday:

Fair Value
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stocktrademan stocktrademan 8 years ago
fast and steady profit scan NTAP bullish 35.82



normal chart


log chart

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lecorb lecorb 8 years ago
Morgan Stanley analyst Kathryn Huberty maintained a Sell rating on NetApp (NASDAQ: NTAP) today and set a price target of $24. The company’s shares closed yesterday at $28.85.

Analysts Have Conflicting Sentiments on These Technology Companies: NetApp Inc (NASDAQ: NTAP) and Cisco (NASDAQ: CSCO)

http://www.analystratings.com/2016/08/18/analysts-have-conflicting-sentiments-on-these-technology-companies-netapp-inc-nasdaq-ntap-and-cisco-nasdaq-csco/450919/
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Ballgame Ballgame 8 years ago
Swing and another miss NTAP. Garbage company, too much competition
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Ballgame Ballgame 8 years ago
Yes different opinion from previous post
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Ballgame Ballgame 8 years ago
Should've held on to those short shares. I am pessimistic going into earnings tonight
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Ballgame Ballgame 8 years ago
Lots of big business with Google and Amazon here. Expecting big things here for earnings.
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brig brig 10 years ago
I shorted it as well at 34.00, 2000 shares. I almost covered at 33.80 instead I ended up with a nice loss covering at 34.70... suks
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FBI Agent FBI Agent 10 years ago
This stock was downgraded 4 times in the past week and now bad earnings and forecast, wow. I shorted this AH hope I don't get killed tomorrow.
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brig brig 10 years ago
Why is this going up on bad earning?
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risk on risk on 10 years ago
What? Who cares, I had options, that were sold over a month ago
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BYUINSDER BYUINSDER 10 years ago
BANKRUPTCY.

Company broke..sell now!
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BYUINSDER BYUINSDER 10 years ago
A book carried in pocket, is like having garden in pocket.

A book tightly shut, is just block of paper...

Old Chinese Proverb

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risk on risk on 10 years ago
The pos actually put in a reversal pattern , so.... $35 may be coming. My call positions would appreciate that
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risk on risk on 10 years ago
What a pos
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risk on risk on 10 years ago
New hod, reversal could be getting confirmed.
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risk on risk on 10 years ago
Strong reversal candle forming
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ECole ECole 11 years ago
Lazard's Solid State Storage Day Conference

Hard to find.. valuable read..
Transcript here
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xray44b9 xray44b9 12 years ago
Wow, what a miserable underperforming stock. Where's a...buyback, dividend, insider purchase, anything to indicate ANY sort of shareholder proactiveness. Just waiting to find out what someone knows and why the selling never ends.
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tytf tytf 12 years ago
On Nov. 14 NTAP reporting earning

NetApp remains strategically well positioned, says UBS
UBS believes NetApp's revenue growth is bottoming and that it remains strategically well positioned. The firm views valuation as attractive and reiterates its Buy rating and $45 price target.
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Globaltrnr Globaltrnr 12 years ago
Shorted and re bought .. weeee.. great company easy rebound!
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Sergey777 Sergey777 12 years ago
Technical Analysis NetApp $NTAP (Msgs, Twts) Short target 33.50 (fibo 0%)http://bit.ly/KbMWO7
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Penny Roger$ Penny Roger$ 12 years ago
~ Wednesday! $NTAP ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $NTAP ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=NTAP&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=NTAP&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=NTAP
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=NTAP#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=NTAP+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=NTAP
Finviz: http://finviz.com/quote.ashx?t=NTAP
~ BusyStock: http://busystock.com/i.php?s=NTAP&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=NTAP >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
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momentum74 momentum74 13 years ago
Bought some here for a bounce trade. 45.60
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timvic timvic 13 years ago
NTAP gained 0.54% on 03/16/11 and a total percentage of 0.84% in the past 2 days
NTAP is trading in the range of $44.50 - $61.02 in the past 30 days.
Commodity Channel Index (CCI) is bullish for NTAP.
Money Flow Index (MFI) is bearish and moving down for NTAP.
The 10-day simple moving average is bearish and moving down for NTAP.
NTAP formed a bullish Stochastic Crossover signal.
Average volume decrease over 5% for NTAP.
Stock performance base on day of week in the past 90 days.
Monday: 4.35%
Tuesday: -5.25%
Wednesday: 2.83%
Thursday: -11.78%
Friday: -2.74%
Next Earnings Release Date: 05/25/11
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boo boo boo boo 13 years ago
Some positive news for the cloud space ala EMC...RVBD on tap!
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NeuroticTrader1 NeuroticTrader1 13 years ago
Since FFIV, VMW is making moves that is spooking investors further over cloud technology. Are the black clouds forming? Just make sure you have your stop sell in place at 8 percent below your purchase price >> just in case!
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NeuroticTrader1 NeuroticTrader1 13 years ago
Nice morning star, we'll take it!!!
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NeuroticTrader1 NeuroticTrader1 13 years ago
I was wrong about it falling out of its lower channel. After I printed out a range of one year, I can see now the price still remains safely within the channel on its daily chart!!!
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NeuroticTrader1 NeuroticTrader1 13 years ago
For only the third time since the Industrial Revolution, the world may be entering a long-term growth cycle that will lift all economies simultaneously, driving bond yields and commodity prices higher.

The depth and scope of the expansion will be a focus for discussion at this week’s annual meeting of the World Economic Forum in Davos, Switzerland. Evidence of a broadening global recovery will enable U.S. Treasury Secretary Timothy F. Geithner, investor George Soros and 2,500 political, business and academic leaders to shift their emphasis away from crisis- fighting.

With the economic and investment outlooks “much better” than in recent years, “people are talking about how to get back to business as normal and what comes next,” said Jitesh Gadhia, a delegate to the conference and the London-based senior managing director at Blackstone Group LP, which runs the world’s largest buyout fund.

Goldman Sachs Group Inc., PricewaterhouseCoopers LLP and London’s Standard Chartered Bank are among the financial companies sending executives to the meeting. Their economists predict a growth spurt in coming decades led by emerging nations that will be strong enough to boost developed countries.

Global gross domestic product will swell to $143 trillion by 2030, allowing for inflation and market-exchange rates, from $62 trillion in 2010, with China and other emerging markets accounting for about two thirds of the rise, estimates Gerard Lyons, chief economist and group head of global research in London for Standard Chartered, which generates most of its earnings from Asia.

Investment, Urbanization

Lyons and his colleagues predict a “super-cycle” of historically high growth that will last at least a generation and will be led by booming trade, investment and urbanization, according to a report published in November. He reckons such a cycle has occurred only twice since the end of the 18th century: the four decades before World War I and the three following World War II. He’s betting the new phase will contribute to a reversal in the three-decade decline for U.S. bond yields after 10-year Treasury notes lost an average 40 basis points a year since the early 1980s.

Richard Dobbs, a director of the research division at New York-based McKinsey & Co., will use the Davos meeting to highlight a study by the international consulting firm that sees an imminent end to cheap capital. The causes are a building bonanza in developing economies and aging populations who are draining their savings, according to the report, which was released Dec. 9.

Signs of Momentum

The 10-year U.S. Treasury note yielded 3.41 percent in New York on Jan. 21, according to BGCantor Market Data, compared with 15.8 percent in 1981 and a record low of 2.04 percent in December 2008. Signs of momentum in the U.S. economy have helped increase the yield from about 2.9 percent at the start of December.

“It’s a topic capturing the attention of people who want to think beyond the crisis,” said Seoul-based Dobbs.

While Goldman Sachs Asset Management Chairman Jim O’Neill has found fame for promoting the “BRIC” economies of Brazil, Russia, India and China, he says their rise has positive impact beyond their borders, with Chinese imports totaling about $400 billion, almost the equivalent of South Africa’s economy last year. That should attract investors to rich-nation companies with links to these markets, and the resurgence in the U.S. economy has prompted O’Neill to predict higher U.S. bond yields in 2011. He didn’t provide a specific forecast.

‘Out of Date’

“World-trend economic growth is being lifted,” said London-based O’Neill, who helps manage $840 billion. “The notion that BRICs benefit at the expense of others is increasingly out of date.”

Investors should buy copper, coal and oil to take advantage of the growth of cities in emerging markets, according to Standard Chartered, which says the Chinese yuan, Indian rupee and Korean won will appreciate on strengthening domestic growth.

Developed nations also will benefit as their emerging- market counterparts invest more abroad, hire more of their workers and rely on their expertise in areas such as financial services, said Lyons, who will be at Davos. He predicts both the U.S. and European Union will enjoy an average trend growth of 2.5 percent through 2030, compared with the 1.9 percent and 1.7 percent he forecasts for this year.

“It’s a win-win situation,” said Lyons, who concedes growth won’t always be strong and continuous during the entire period.

Increasing Integration

The increasing integration of China and other developing economies will boost commerce and investment worldwide, agrees Edward Prescott, a senior monetary adviser to the Federal Reserve Bank of Minneapolis who shared the 2004 Nobel Prize for analysis of business cycles and economic policy.

Prescott points to South Carolina, which has benefited from new factories opened by Chinese companies such as appliance maker Haier Group. The International Monetary Fund projects this year will be the first in which Chinese foreign investment outpaces inward flows.

“The whole world’s going to be rich by the end of this century,” Prescott said.

Such euphoria may be muted in Davos, given the European sovereign-debt crisis, fears of a real-estate bubble in China and mounting public-debt burdens, said Nariman Behravesh, chief economist at consultants IHS in Lexington, Massachusetts, who is attending the meeting.

“There’s going to be more optimism but still some worries,” he said.

High Unemployment

Talk of a super-cycle gets little support from Joseph Stiglitz, a Davos veteran and 2001 Nobel laureate. He contends that globalization and free trade may be stymied by unemployment in rich nations and the risk that more of these countries’ jobs will be lost abroad. The U.S. jobless rate has remained above 9 percent since May 2009.

“Standard Chartered works mostly in developing markets, and that shapes its world view,” said Stiglitz, an economics professor at Columbia University in New York. “If you work in emerging markets, you feel the energy. If you are in the U.S. or Europe, you see the numbers and it’s hard not to feel depressed.”

The difference reflects a “shift in the center of gravity in the world economy, in which the West is struggling to keep up with turbo-charged,” emerging markets, says Stephen King, chief global economist in London at HSBC Holdings Plc and a former U.K. Treasury official. He will outline in Davos what he calls the next phase of globalization: increased trade among emerging countries.

Rising Global Output

His team calculated this month that by 2050, global output will have trebled and average annual growth will accelerate toward 3 percent from 2 percent in the last decade, with emerging markets contributing twice as much to the expansion as the developed world.

Ian Bremmer, president and founder of the Eurasia Group, a political-risk consulting company in New York, is more downbeat as he heads to the Swiss ski resort. He predicts what he calls a “G-Zero” era in which no country has the political or economic leverage to dominate the international agenda and all nations focus on their own priorities. That will reduce economic efficiency and prompt trade conflicts, he said.

Volatility, Uncertainty

The subsequent volatility and uncertainty mean U.S. assets will prove the “comparative safest bet” and the price of gold will stay high, Bremmer said, after touching a record $1,432.50 an ounce on Dec. 7. Fixed-income securities still may suffer as nations impose capital controls, which Brazil and South Korea have done lately, while companies will continue saving rather than spending, he predicted.

“Corporations will keep trillions of dollars on the sidelines,” he said Jan. 5 on “Bloomberg Surveillance” with Ken Prewitt and Tom Keene. “They’re just very uncertain about where the world is heading.”

John Hawksworth, the London-based head of macroeconomics at PricewaterhouseCoopers, is confident a so-called zero-sum world isn’t in the cards. His own attempt to see into the future this month generated a projection that a bloc of seven leading emerging markets, including India and China, will be 64 percent larger than the current Group of Seven by 2050 at market- exchange rates, compared with 36 percent smaller today.

Even so, average income levels in the G-7 countries will rise in absolute terms as new market opportunities open up for their businesses, and consumers will benefit from lower-cost imports, predicts Hawksworth, who has served as a consultant to the World Bank and whose company will release its annual survey of executives in Davos tomorrow.

“There is a shift in economic power from West to East, but the West can still do well,” Lyons said.


Source: http://www.bloomberg.com/news/2011-01-23/super-cycle-leaves-no-economy-behind-as-davos-shifts-to-growth-from-crisis.html
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NeuroticTrader1 NeuroticTrader1 13 years ago
IBD moved us from 22 spot to 20 on the IBD 50. The notation says that NTAP's chart shows that it pulled back to its 10 week moving average after clearing the cup with handle pattern. Thursday's action gave us a spinning top candlestick, Friday's gave us a bullish inverted hammer confirming the downward trend has halted nicely on its 10 day moving average line, what we want to see. Remember, a pull back after a cup with handle shakes out all the scared hands. Also, pulling back to the 10 week line offers investors a second chance to buy shares before a major run up begins. I know you guys already know all of that but just thought it was worth repeating. Another note is that when the price dropped, it dropped out of its lower channel on the daily chart. Since we have several bullish signals on the daily all at once, the price should be working its way back into the channel. As for the weekly, of course I would love to see an engulfing bull here by the end of the week. Maybe the presidents state of the union address will help us out here!!
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NeuroticTrader1 NeuroticTrader1 13 years ago
Cloud-computing plays took a similar hit in October when Equinix Inc. (EQIX)--a telecommunications company that offers hosting services for networks and Internet connectivity--trimmed its third-quarter and full-year revenue targets.

If you look at the charts for EBIX and NTAP on the day EBIX made it's announcement (October 6th 2010) you will see that NTAP was also effected by paniced investors as the days price plumeted settling at $47.70 close, and then resumed its climb toward the recent high of $59.79. Although it is amazing to me how investors could panic on NTAP by F5's earnings report is beyond me, but NTAP is projected to see solid growth through 2011. I suspect the ride will not peak until mid summer.
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NeuroticTrader1 NeuroticTrader1 13 years ago
Companies exposed to cloud computing slumped along with F5 on Thursday, though some analysts cautioned against lumping the companies together.

"It's easy to yell 'fire' in a crowded theater today but, if you look at strong fundamental stories, there are a lot of them out there," FBR Capital Markets analyst Daniel Ives said. "Investors jump to a lot of conclusions, but ultimately, every company is different...We continue to see strength from the field."

The latest projections seem to support the optimism surrounding spending on cloud computing. Data tracker In-Stat LLC said Thursday that U.S. spending on cloud computing and managed hosting should surpass $13 billion in 2014, up from less than $3 billion in 2010.

Spending across all sectors and business sizes is projected to rise, but growth in some segments will be "staggering," In-Stat said. "The professional services and health-care verticals will see the largest growth in spending on cloud-computing services, growing over 124% between 2010 and 2014," it said.

Nonetheless, other cloud-computing stocks felt F5's pain Thursday.

Source: http://online.wsj.com/article/BT-CO-20110120-711603.html
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boo boo boo boo 13 years ago
That's a really good observation from you. Look for NTAP to dip below 50 DMA when it reports. It's been consistant at doing this.
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NeuroticTrader1 NeuroticTrader1 13 years ago
I think this current day pull back was a little over exagerated but I'm seeing that this is a necessary pull back after a successful cup with handle pattern, FFIV's misstep just helped us out a little. This pull back is a useful second buying opportunity before the major run up begins. If you go to Investors.com and look at the NTAP stock analysis, you will see that the estimated earnings growth for 2011 is 35%. I would hold cautiously but I like your tip, watch RVBD's earnings report. If possitive, then we know FFIV's misstep was there own fault. If it is negative, then we can see a broader picture that maybe cloud industry momentum may be in danger.

I see your an IBD follower too by your stock picks, good show!
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boo boo boo boo 13 years ago
So you think this has nothing to do with FFIV's mis-step? I'm watching ARUN and RVBD. ARUN reports on 2/17, the day after NTAP reports, and RVBD on 1/27. If RVBD has a bad report, I'd bail on NTAP!
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NeuroticTrader1 NeuroticTrader1 13 years ago
Nice, shaking out all the scared hands clearing the runway for $60.00 a share. Well we were over bought and the price chart had to correct itself. Keep the faith guys!!!
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NeuroticTrader1 NeuroticTrader1 13 years ago
NetApp Views Merger More Favorably
While the Brocade news appears to have some substance, the NetApp news appears to be more of a softening in stance between new CEO Tom Georgens and his predecessor, Chairman Dan Warmenhoven.

"This is America, and everything has its price," Georgens told Barron's. "At some point, it might make sense."

The article said HP could be a possible acquirer of NetApp — and the company has its eye on the data storage market after luring away EMC storage chief David Donatelli earlier this year.

Stay tuned. It's been a tumultuous year in the data storage industry, and it's not over yet.

(Sorry this is an old article from 10-5-09, but one to keep in mind as virtual storage continues to get white hot in 2011.)
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NeuroticTrader1 NeuroticTrader1 13 years ago
NTAP Scheduled Earnings Reports for 2011 are:

February 16 (Q3)
May 25 (Q4)
August 17 (Q1)
November 16 (Q2).
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NeuroticTrader1 NeuroticTrader1 13 years ago
http://www.netapp.com/us/company/news/news-rel-20101117-results.html
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NeuroticTrader1 NeuroticTrader1 13 years ago
http://www.youtube.com/user/NetAppTube
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NeuroticTrader1 NeuroticTrader1 13 years ago
I like the chart on here, nice. I've noticed that great stocks usually have few cheer leaders in the grand stands on investor boards. Why. Have no idea, but it's interesting to say the least. It could be because when a stock is doing great, what more is there to say. When a stock is doing crappy, then there is much to say.

Whatever the case, I am here to cheer NTAP on. I think it will be a big winner in 2011, as will all cloud technology leaning companies. The stock hit its new hight today of 59.71, so let's see where we are in 12 months from now. I will be back to check on my prediction. See you then!!!!
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momentum74 momentum74 13 years ago
JPM 6th upgrade this morning very positive on NTAP 18-Nov-10 07:58 am · What to do with the stock? We recommend building or adding to positions in the shares of NetApp following yesterday’s pre-halt sell-off. NetApp remains one of our top picks, alongside Apple. NetApp’s F2Q11 performance affirmed its high-growth stature, and we expect the company to exhibit above-peer revenue growth as the enterprise reinvestment cycle continues to gather steam.

· October results top Consensus again. NetApp reported F2Q11 (October) revenue and non-GAAP EPS (ex. FAS123R) of $1.207 billion and $0.52, versus our Street high estimates of $1.215 billion and $0.51. The Street consensus had been at $1.193 billion and $0.49. Revenue and EPS beat consensus by 1% and 6%, respectively. Cash flow from operations was $364.7 million.

· Guidance should be good enough, despite EPS miss. NetApp guided F3Q11 (January) revenue and non-GAAP EPS (ex. FAS123R) to $1.24-1.29 billion and $0.48-0.50, versus our prior estimate of $1.284 billion and $0.53 and the Street consensus of $1.257 billion and $0.51. We think the guidance should be good enough, despite the EPS miss. We highlight the approximate ($0.02) hit to EPS related to a convert trigger, driving a higher than expected share count.

· Surprise EPS hit is a high-quality problem. EPS guidance for F3Q11 was impacted by a ($0.02) hit, due to share count dilution related to outstanding convertible notes and warrants. The dilution to EPS is a high quality problem to have, in our view, as it is the direct result of the increase in NetApp's stock price. Excluding the ($0.02) impact, adjusted F3Q11 guidance brackets the prior Street consensus. As such, we expect the pull back in NetApp shares to be temporal. Rating :
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http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=tm&bn=12910&tid=210831&mid=210831&to
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momentum74 momentum74 13 years ago
NTAP 52.15 trying to fill gap at 54 higher to the upside.
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momentum74 momentum74 13 years ago
NTAP 51.50 5 upgracdes now! Link
http://www.theflyonthewall.com/permalinks/entry.php/NTAPid1333949/NTAP-NetApp-upgraded-at-Canaccord
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momentum74 momentum74 13 years ago
NTAP cc call transcript Link
http://seekingalpha.com/article/237459-netapp-ceo-discusses-f2q2011-results-earnings-call-transcript?source=kizur
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