Showing posts with label RHT. Show all posts
Showing posts with label RHT. Show all posts

Saturday, December 25, 2010

Stocks with Clouded Futures: AKAM, CRM, VMW, RHT, LLNW

The cloud stocks have all been on a tear since the beginning of the year. Last week Linux provider Red Hat (NYSE: RHT) reported results that were simply in line with analyst estimates. The stock was down 0.41% last trading day. There's no telling how these stocks will end for the year as they have run up so much. However with the speed and amount of growth that they pack, each cloud stock could be poised for another strong year. Last trading day Salesforce.com (NYSE: CRM) was almost flat, down 0.07%, VMWare (NYSE: VMW) rose 0.64%, Akamai (NASDAQ: AKAM) fell 1.41%, and Limelight Networks (NASDAQ: LLNW) dropped 0.17%. These stocks are all starting to level out which could mean that investors are getting ready to buy these fast growers again.

Wednesday, December 22, 2010

Cloud Stocks Take A Hit: CRM, VMW, LLNW, RHT

The cloud plays were down today as Linux provider Red Hat (NYSE: RHT) reported results in line with analyst estimates. The company earned an adjusted 20 cents per share. The stock was down 2.65% in late trading. Other cloud plays followed suit. Salesforce.com (NYSE: CRM) was down 2.45%, VMWare fell 0.9%, and Limelight Networks plummeted 3.3%. These stock have all run up big, though some investors believe that they can still end the year with a bang.