Rating:
Buy RHT
3 Months Gains
10.02 %
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The Six Top Tech Stocks of 2010
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Open source means big bucks, as highlighted by the brouhaha surrounding Oracle's (ORCL) attempt to acquire Sun(JAVA) and its MySQL technology. Cue Red Hat,(RHT) which was recently described as a "mini-Microsoft" because of its dominant position in the Linux market. With a $5 billion market cap, Red Hat touts itself as the most recognized open source brand in the world, thanks in part to its fancy red fedora logo.
Microsoft's Windows may be the go-to system for many businesses, but that doesn't mean that companies aren't considering Linux enterprise options. During its recent second quarter, Red Hat's sales jumped 12%, none too shabby given that Mr. Softee's revenue dipped 14% in its most recent results.
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Rating:
Buy RHT
3 Months Gains
8.66 %
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Rating:
Buy RHT
3 Months Gains
10.02 %
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Rating:
Buy RHT
3 Months Gains
10.02 %
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Rating:
Buy RHT
3 Months Gains
10.02 %
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