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Emc Corporation (EMC) [hlAlert]

Rating:
Buy EMC
up 47.26 %

Emc Corporation (EMC) rated Buy

Posted on: Sunday,  Jan 6, 2008  2:25 AM ET by Standard and Poors Power Picks 2008

Standard and Poors Power Picks 2008 rated Buy Emc Corporation (NYSE: EMC) on 01/04/2008, when the stock price was $16.99.
Since then, Emc Corporation has gained 47.26% as of 01/28/2016's recent price of $25.02.
If you would have followed this Standard and Poors Power Picks 2008's recommendation on EMC, you would have gained 47.26% of your investment in 2946 days.

EMC Corporation (EMC) develops, delivers and supports the information technology (IT) industry?s range of information infrastructure technologies and solutions. EMC?s Information Infrastructure business provides a foundation for customers to manage and secure their information, automate their data center operations. EMC?s VMware Virtual Infrastructure business, VMware, Inc., is the provider of virtual infrastructure software solutions from the desktop to the data center. VMware?s virtual infrastructure software solutions run on industry-standard desktops and servers and support a range of operating system and application environments. EMC?s Information Infrastructure business comprises three segments: Information Storage, Content Management and Archiving, and RSA Information Security. During the year ended December 31, 2008, the Company acquired Pi Corporation, Document Sciences Corporation, Infra Corporation Pty Limited, WysDM Software Inc., Conchango plc. and Iomega Corporation.

After beating their own benchmark index for the last five years, Standard & Poor’s equity research team is betting on the biggest U.S. jam maker and the Magic Kingdom to outperform again in 2008. The PowerPicks portfolio generated an 8.8% return last year, compared with a 5.5% gain for the S&P500. The list, which won’t change over the course of 2008.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2008 4:00 PM Buy
1 year
16.99
as of 12/24/2008
1 Week down  -6.63 %
1 Month up  0.92 %
3 Months up  7.16 %
1 YTD down  -20.42 %

(*) Stock Price at the time of the recommendation.
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