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Emc Corporation (EMC) [hlAlert]

Rating:
Buy EMC
up 117.94 %

Emc Corporation (EMC) rated Buy by Wedbush Morgan

Posted on: Thursday,  Mar 19, 2009  1:25 PM ET by Wedbush Morgan

Wedbush Morgan rated Buy Emc Corporation (NYSE: EMC) on 03/19/2009, when the stock price was $11.48. Since
then, Emc Corporation has gained 117.94% as of 01/28/2016's recent price of $25.02.
If you would have followed this Wedbush Morgan's recommendation on EMC, you would have gained 117.94% of your investment in 2506 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2009 1:25 PM Buy
None
11.48
as of 12/31/2009
1 Week up  34.34 %
1 Month up  42.48 %
3 Months up  40.72 %
1 YTD up  108.88 %

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