Looking for a "stable staple" in the tech sector we at tech:stocker decided to discuss Symantec (SYMC:NASDAQ). While best known for their Norton AntiVirus Software, has steadily become a leader in infrastructure software. In the interest of full disclosure, we at tech:stocker can't remember the last time we bought an anti-virus software other than Norton's AntiVirus. Still, that's no reason to purchase a company. The fact that Symantec has moved well beyond simply selling security software is a reason to invest. Symantec's corporate products not only compliment its existing security software but open new sales channels that include storage management, consumer security, data backup, and endpoint security while serving the increasingly complex security needs of corporations. Symantec isn't without its fair share of competitors. Mcafee (MFE:NYSE) is probably the first company that comes to mind but their more narrow focus on consumer products combined with an operating income that is not in line with their market valuation makes them a riskier investment. While the latter is a minor point, the former makes them a little too dependable on one segment and in a down economy, we firmly believe in diversity. We believe the real threats to Symantec's long-term growth will be on the corporate side from the likes of Trend Micro (TMICY:OTC) and tech:stocker favorites IBM (IBM:NYSE) and Cisco (CSCO:NASDAQ). Cisco's IronPort software has a strong ...
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Looking for a "stable staple" in the tech sector we at tech:stocker decided to discuss Symantec (SYMC:NASDAQ). While best known for their Norton AntiVirus Software, has steadily become a leader in infrastructure software. In the interest of full disclosure, we at tech:stocker can't remember the last time we bought an anti-virus software other than Norton's AntiVirus. Still, that's no reason to purchase a company. The fact that Symantec has moved well beyond simply selling security software is a reason to invest. Symantec's corporate products not only compliment its existing security software but open new sales channels that include storage management, consumer security, data backup, and endpoint security while serving the increasingly complex security needs of corporations. Symantec isn't without its fair share of competitors. Mcafee (MFE:NYSE) is probably the first company that comes to mind but their more narrow focus on consumer products combined with an operating income that is not in line with their market valuation makes them a riskier investment. While the latter is a minor point, the former makes them a little too dependable on one segment and in a down economy, we firmly believe in diversity. We believe the real threats to Symantec's long-term growth will be on the corporate side from the likes of Trend Micro (TMICY:OTC) and tech:stocker favorites IBM (IBM:NYSE) and Cisco (CSCO:NASDAQ). Cisco's IronPort software has a strong ...