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To the cloud!
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Foolish management has created a great culture of excellence here.
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I am my MF subscribtion to get info on the fundamental side of the market. My technical research is having a lot of negative input about RAX. If my wave count is correct (it not always is) I see this stock to bottom out around $36. And that will only be a 1 correction wave down.
I only have 3 degrees and none of them are related to equity trading but my trading record is pretty good. Thanks to the MF I have a good foundation to use with my own research. My confidence about this stock tanking is strong enough that I'm buying some puts and looking for $36 before backing off unless my research tells me differently.
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If you are in the business, all you are hearing is 'Cloud Computing'!
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Too reliant on Helicopter Ben
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cloud computing
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I have read all I could find about this company, and it seems to solidly perform with some, but not much, volatilityI think , based on the managements belief in their own company and also on the technology, that this is going to soar in the next few years.Ill be looking for more like it( or more of this at the right price) to really make money for me over the next few years
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They have "maniacal technical support" and "the cloud" will still skyrocket.
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High amount of insider selling, average PE of x94 (??)
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Simply the best at what it does. Hosting and cloud computing are pretty safe bets right now.
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As an IT exec, I almos every new company I work with is going straigh to the cloud for all SaaS and infrastructure. RAX has incredible customer service and is usually the top pick for hosting for today's IT needs. It is very expensive, but you pay a premium for growth. RAX, like others, will never be cheap.
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Everything is moving to the cloud
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Taking Mr Market's buying opportunity to add a premier cloud computing company to my CAPS
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CAPS has this one wrong. Sure, they could grow in the future, but right now they are sporting a huge valuation and a 9% ROI. You can get a better ROI for a much lower price in other sectors.
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Internet Software & Services Pick
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This stock is going to shoot through the roof in a few years. With the Obama administration funding a nationwide upgrade of our internet speeds, it makes cloud-based companies more viable. That fact, coupled with Rackspace's great management and ability to increase revenue while keeping costs down, will have them seeing success for the better part of this decade.
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Fanatical customer service with great leadership in a hyper-growth market.
Need I say more?
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cloud is an evolving space and they are making some strong bets on their business model.
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Cloud is the future and the future is now!
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