Top Research Reports for VMware, Applied Materials & Equinix
Summary
The company’s dominance in software-defined data center (SDDC) and an expanding customer base in cloud, driven by partnerships with the likes of IBM, AWS and Microsoft Azure, are positives. The Pivotal and Carbon Black acquisitions along with the recently launched Tanzu portfolio are expected to drive recurring hybrid cloud subscription and SaaS revenues in the long haul. Further, increased customer spending in foundry and logic on the back of rising need for specialty nodes in IoT, communications, automotive and sensor solutions remained a positive. A global footprint and solid interconnected ecosystems have helped the company deliver its 17th year of consecutive quarterly revenue growth, though rising debt burden might affect its operating results as interest expenses flare up. See the pot trades were targeting>> Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings.
