5 Stocks That Scream ‘Tech Stocks to Buy’

After a sell off, these 5 tech stocks look like bargains for investors

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5 Stocks That Scream ‘Tech Stocks to Buy’

CA Technologies

  • Current Price: $31
  • YTD: -6%
  • Percentage below 52-week high: 16%

 5 Stocks That Scream Tech Stocks to BuyCA Technologies (CA) is involved in a rapidly growing and necessary part of IT. It’s called Data Center Infrastructure Management or DCIM. All you really need to know about it from an investors’ point-of-view is its staggering market potential. Fewer than 10% of mid- to large-sized data centers utilize it, and 451 Research says DCIM supplier revenue will reach $1.8 billion by 2016, representing a 44% compound annual growth rate. While migrating away from mainframe services, the DCIM provider is also focusing on growing its cloud market share.

Cloud is estimated to become a $148.8 billion global market in 2014, $160 billion in 2015, and $207 billion in 2016, and CA Technologies is perfectly poised to share in the boom.


Article printed from InvestorPlace Media, http://investorplace.com/2014/02/tech-stocks-to-buy-ca-amzn-aapl-bidu-emc/.

©2014 InvestorPlace Media, LLC

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