Where's EMC's Fiscal Cliff Bounce?
Jan 2nd 2013 6:53PM
Updated Jan 2nd 2013 6:56PM
With the fiscal cliff having been averted for the time being, the markets are exploding today, with 67 of the 70 tech companies in the S&P 500 showing gains, a statistic that must make EMC (NYSE:EMC) shareholders feel cheated, as it's one of the three IT stocks in the red today. In this video, Motley Fool tech and telecom analyst Eric Bleeker tells us why shaky predictions about the company's fourth quarter and upcoming first quarter may be haunting its share price at the moment and tells us whether he still believes in the EMC investing thesis.
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The article Where's EMC's Fiscal Cliff Bounce? originally appeared on Fool.com.Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of EMC and VMware. Motley Fool newsletter services recommend Cisco Systems and VMware. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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