NetApp (NTAP) is continuing its upward trajectory, with a gain 69.2% in the past year compared with the S&P 500 Composite’s 27.7% growth.With healthy fundamentals and strong growth opportunities, this Zacks Rank #2 (Buy) stock appears to be a solid investment option at the moment.Apart from a favorable rank, NTAP has a VGM Score of B. Per Zacks’ proprietary methodology, stocks with a combination of a Zacks Rank #1 (Strong Buy) or 2 and a VGM Score of A or B offer solid investment opportunities.Image Source: ...

NetApp (NTAP) launched its latest AFF A-Series systems, which are designed to tackle demanding IT workloads like GenAI, VMware, and enterprise databases. The company has also enhanced its portfolio to assist customers in operating more efficiently with their data. The artificial intelligence (AI)-driven landscape has pushed organizations to innovate swiftly, enhance customer experiences, combat cyber threats and boost productivity. The new product aims to offer intelligent data infrastructure to unlock the ...

Just_Super/iStock via Getty Images Investment Thesis NetApp (NASDAQ:NTAP) stock has gained about 67.03% over the last year, outpacing the S&P 500 by a margin of about 40.8%. Seeking Alpha While this solid performance could be attractive to investors, I believe we ought to be rational enough before making any investment based on this past performance alone. In the wake of the evolving IT industry, I believe investors should invest in companies that not only lead in innovation but also offer sustainable g ...

NetApp (NTAP) ended the recent trading session at $108.15, demonstrating a -0.32% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.02%. Meanwhile, the Dow experienced a drop of 0.21%, and the technology-dominated Nasdaq saw an increase of 0.29%.Coming into today, shares of the data storage company had gained 6.57% in the past month. In that same time, the Computer and Technology sector gained 1.39%, while the S&P 500 gained 1.29%.Market particip ...

NetApp (NTAP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this data storage company have returned +6.7% over the past month versus the Zacks S&P 500 composite's -0.3% change. The Zacks Computer- Storage Devices industry, to which NetApp belongs, has lost 5.2% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports ...

The latest trading session saw NetApp (NTAP) ending at $107.36, denoting a -0.55% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.13% for the day. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 0.1%.Shares of the data storage company have appreciated by 2.01% over the course of the past month, outperforming the Computer and Technology sector's gain of 0.89% and the S&P 500's loss of 0.35%.The investment community will be paying c ...

The Zacks Computer-Storage Devices industry players are well-poised to gain from solid momentum in cloud computing, Internet of Things (IoT), auto, connected devices, virtual reality and Artificial Intelligence (AI) in the long run. These factors propel the demand for robust data storage solutions, bolstering computer storage product requirements. The same factors are favorable for prominent industry players like Super Micro Computer (SMCI) , NetApp (NTAP) and Pure Storage (PSTG) . The democratization of hi ...

The most recent trading session ended with NetApp (NTAP) standing at $102.48, reflecting a +1.13% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.35%.Shares of the data storage company have depreciated by 3.47% over the course of the past month, underperforming the Computer and Technology sector's loss of 1.9% and the S&P 500's loss ...

The most recent trading session ended with NetApp (NTAP) standing at $99.42, reflecting a +1.89% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 1.2%. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.59%.Prior to today's trading, shares of the data storage company had lost 6.68% over the past month. This has was narrower than the Computer and Technology sector's loss of 6.83% and lagged the S&P 500's loss of 4.16% in that time.The in ...

NetApp (NTAP) is continuing its upward trajectory, with a gain of 50.9% in the past year compared with the S&P 500 Composite’s 22.3% growth.NetApp provides enterprise storage as well as data management software and hardware products, and services. The San Jose, CA-based company assists enterprises in managing multiple clouds environments, adopting next-generation technologies like artificial intelligence (AI), Kubernetes and contemporary databases, and navigating the complexity brought about by the quick de ...