Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

NetApp’s (NTAP) shares have proven resilient, with a 37.8% gain in the past year, outpacing the industry’s growth of 10.7%. NetApp provides enterprise storage as well as data management software and hardware products and services.It has also outperformed the Zacks Computer and Technology sector and the S&P 500 composite’s growth of 27.8% and 24.8%, respectively. Closing at $122.09 in the last trading session, NTAP stock is currently trading 9.9% below its 52-week high of $135.45, attained on Nov. 22, 2024.P ...

In the latest market close, NetApp (NTAP) reached $122.09, with a +1.76% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1%. Meanwhile, the Dow gained 0.78%, and the Nasdaq, a tech-heavy index, added 1.51%.The data storage company's stock has climbed by 2.92% in the past month, exceeding the Computer and Technology sector's loss of 4.13% and the S&P 500's loss of 2.14%.The investment community will be paying close attention to the earnings performance ...

NetApp (NTAP) recently inked a definitive agreement to divest its Spot by NetApp FinOps business to Flexera, a global technology spend and risk management player. NetApp acquired cloud services startup –– Spot –– in July 2020. The acquisition bolstered NetApp’s Application Driven Infrastructure capabilities. Spot’s compute platform provides customers with solutions that help optimize workloads while maintaining service-level objectives (SLO) and service-level agreements (SLA). Investors responded positively ...

ITASCA, Ill. and SAN JOSE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, has entered into a definitive agreement to acquire the Spot by NetApp FinOps business from NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company. The transaction will enhance Flexera’s ability to better serve customers and partners seeking to manage growing multi-cloud cost and FinOps needs across a broader range of services from hybrid cloud, SaaS applicatio ...

From a technical perspective, NetApp (NTAP) is looking like an interesting pick, as it just reached a key level of support. NTAP recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Like other ...

From a technical perspective, NetApp (NTAP) is looking like an interesting pick, as it just reached a key level of support. NTAP recently overtook the 50-day moving average, and this suggests a short-term bullish trend.The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important.Over th ...

LAS VEGAS, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Tessell, the leading next-generation database-as-a-service (DBaaS) that helps startups and enterprises accelerate data and application modernization journeys at scale, will be exhibiting this week at AWS re:Invent 2024, taking place from December 2-6 at The Venetian Resort in Las Vegas, Nevada. This marks Tessell’s second consecutive year attending and sponsoring the world’s largest cloud computing event. Attendees are invited to visit Tessell at Booth #1953 from ...

NetApp, Inc. (NTAP) and Amazon Web Services (“AWS”) recently introduced a cutting-edge solution for hybrid environments — NetApp enterprise storage arrays for AWS Outposts. The enhanced collaboration streamlines hybrid cloud deployments by enabling customers to seamlessly manage on-premises enterprise storage arrays through the AWS Management Console.AWS Outposts is a fully managed service that extends AWS infrastructure and services to on-premises and edge locations. NetApp’s integration with AWS Outposts ...

NetApp, Inc. (NASDAQ: NTAP ) is an intelligent data infrastructure company that provides software, systems, and services for hybrid and multi-cloud environments to clients across industries and the globe. The company was founded in 1992 and has around 11,800 employees, earningEarnings analysis of individual stocks and macro analysis of broad asset class, sector and country-specific funds to discover trends using a top-down approach. For more content visit my website or follow me on Twitter (@MTSInsights).An ...