This Software company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
VMW currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the Computer Software industry may consider better-ranked stocks like Manhattan Associates, Inc. (MANH), Adobe Systems Inc. (ADBE) and Pegasystems Inc. (PEGA). While Manhattan Associates carries a Zacks Rank #1 (Strong Buy), Adobe and Pegasystems hold a Zacks rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Be the first to comment