Citrix Systems, Inc. (NASDAQ:CTXS)

This pick was made because its below the 50day moving average as of April 10th.
The whole list I perused through below 50dmva for 4/10/13 were;
AMZN,SIRI,PRAN,PCYC,CNQR,PCLN,CRM,LULU,CVLT,NFLX,ULTI,CTXS

These tickers were picked from my tracking universe of the following tickers:
CCI,AMZN,SIRI,LMT,PNRA,SBAC,RPRX,PRAN,MDVN,VZ,ALXN,PCYC,CNQR,INFI,VRTX,PCLN,CRM,LULU,CVLT,NFLX,OPEN,GMCR,N,CAR,REGN,T,SBUX,MO,ULTI,MAR,EQIX,CTXS,CLH,BLL

This was supposed to be a simple tracking blog post rather than a pitch but as a new player, it takes a couple of days to be approved for blog posting...oh well. Hopefully I remember to look back at these pitches.

Favorable trends in the IT industry (cloud computing and mobile computing), and a return to moderate economic growth in the US will disproportionally benefit CTXS relative to its peers in the technology sector.

Citrix has almost a virtual lock on the thin client enterprise system and they know how to charge for their product. With all of the move to electronic health records a vast majority of hospital and clients have to use a Citrix client to connect to their servers. But, as important is how Citrix is run. The CEO has amazing oversight of his people and empowers them to be innovative and creative problem solvers. This is not a heavy repressive AT&T style of management but an incredibly effective management of a widely used product with very few competitors.

Playing the technicals. Should have some more room to the upside.

Companies focus on mobility and cloud over any devices on any network is key

outperform

no debt

valuation crazy due to 'its cloud credentials'

earnings beat

Consistent performer.

Cloud tech is way to go, particularly with the mobilization of computing. Our company just switched from NetMeeting to Go To Meeting with this as one of the factors.

Citrix has most advanced Terminal Server solutions and one the best VDI solutions. As thin/virtual desktop is becoming more and more important for enterprises I guess Citrix will do good in this area. Even Microsoft today for large deployments recommends Citrix as VDI platform to run on top of their Hyper-V.

One of the most important producer of VDI(Virtual Desktop infrastructure)..the new era for the pc

"Go To" company for remote meetings, tech support, and PC access

Like VMWare, Citrix is set to benefit from the move to cloud computing which really has only just got going. Small business will outsource all IT and maintain their data on the cloud, giving low costs and access anywhere from any device. They also have a solid relationship with Microsoft.

61,64,33
70,72,70

open sharing / collaboration / sharing

Virtualization of IT infrastructure is the way to go, to decrease costs.

Rumours on overtake. Already a bit pricy but anyway Citrix is a long term benefactor of the IT trend of providing software as a service as it provides virtualization technology.