E Daily Stock Analysis: NetApp

A new portfolio of stocks I started building September 8, at a one stock per week pace for the next year, is named Vista. I will select its seventh stock this coming weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we'll review the fourth of five technology sector stock candidates vying to be that seventh selection for the Vista portfolio.

My subject today is a large-cap computer hardware company, NetApp Inc. Its trading ticker symbol is NTAP. This is my first report on NetApp Inc for this Vista dog of the week portfolio. Previously I reviewed it for the Volio portfolio.  

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 multi-cloud environments. 

The California-headquartered company sells globally and has approximately 10,000 employees.

It serves the energy, financial services, government, high technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners.

 NetApp has a strategic partnership with Fujitsu for data management infrastructure. 

NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.

I use three key data points to gauge dividend equities or funds like NetApp Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

NTAP Price

NetApp's price per share closed at $46.80 yesterday. A year ago its price was $55.18. Price fell $8.38 or just about 15.2% last year.

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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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