$27.62 -0.09 (-0.32%)
12/3/2009 4:00 PM

Red Hat, Inc. (RHT)

CAPS Rating: 3 out of 5

The Company provides open source software solutions to the enterprise, including its core enterprise operating system platform, Red Hat Enterprise Linux, JBoss Enterprise Middleware Suite and other Red Hat enterprise technologies.

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Member Avatar HitDaPin (< 20) Submitted: 1/6/2009 10:20:07 AM : Outperform Start Price: $14.46 RHT Score: +70.16

From the perspective of a software industry insider, I believe this company is at the forefront of a movement toward open source and away from proprietary vendors. Red Hat is well-positioned to benefit, both in the short and long term and appears to have figured out a successful business model for marketing an open source solution. In addition, this economic downturn may actually accelerate profits for Red Hat.

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