Gartner, Inc. (IT)
A research & advisory firm that helps executives use technology to build, guide & grow their enterprises. The Company offers independent & objective research & analysis on the information technology, computer hardware, software, communications etc.
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Showed up on a screen for solid 5 year growth with low debt, cash on hand and still at attractive P/E ratios.
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reorg is focusing sales force which will drive growth faster
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The only reason Gartner is so strong in it's industry is because of it's sheer size. It's important to remember that this is the same company that thought the best solution for a droping stock value was changing the name of the comapny from Gartner Group to Gartner.
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Gartner is well positioned for growth as the global economy continues to invest in technology. Even as the US economy festers, Gartner is insulated due to its global presence. It combination of research, consulting, and conferences provides a strong blend of revenue.
A cautionary signal would be the tightening of IT spending across the global economy. If this starts to happen and gains momentum, then Gartner's research and conference revenue will start to be impacted.
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Technology stocks should do well in current market and IT is undervalued.
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Gartner has revised its business model over the past 12 months to add emphasis to the more profitable research business. It also has revised how it packages the research product which appears to be creating larger revenue streams.
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This company seems okay and has looked pretty bright since aug-sep of last year so i say get in while the getting is good!
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.. on a roll.
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