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Emc Corporation (EMC) [hlAlert]

Rating:
Buy EMC
up 31.33 %

Emc Corporation (EMC) rated Buy

Posted on: Tuesday,  Jul 24, 2007  3:25 PM ET by First Albany

First Albany rated Buy Emc Corporation (NYSE: EMC) on 07/24/2007, when the stock price was $19.05. Since
then, Emc Corporation has gained 31.34% as of 01/28/2016's recent price of $25.02.
If you would have followed this First Albany's recommendation on EMC, you would have gained 31.33% of your investment in 3110 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.

Broadpoint Gleacher Securities Group (formerly Broadpoint Securities and before that, First Albany Companies) provides investment banking, debt capital markets services, and equity research to institutional clients in the US and Europe. Subsidiary Broadpoint DESCAP sells and trades mortgage-related and asset-backed securities. FA Technology Ventures provides venture capital to high-tech US firms. In 2009 Broadpoint Securities acquired Gleacher Partners, a firm best known for its mergers and acquisitions advisory practice, and added Gleacher to its name.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2007 3:25 PM Buy
None
19.05 22.00
as of 8/27/2015
1 Week down  -2.64 %
1 Month down  -8.88 %
3 Months down  -7.43 %
1 YTD down  -0.51 %

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