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Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Hewlett-Packard Company (NYSE: HPQ), Microsoft Corporation (Nasdaq: MSFT), Google (Nasdaq: GOOG), Yahoo (Nasdaq: YHOO) and Apple (Nasdaq: AAPL).
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Here are highlights from Thursday's Analyst Blog:
H-P Joins Microsoft in the Clouds
Cloud computing is the new buzzword for big tech companies across the globe. This new technology is opening up a plethora of business opportunities to tech companies, while helping the end-user streamline their day-to-day workflow without investing much on the hardware upgrade.
Sensing the huge opportunities for growth in this segment, technology majors Hewlett-Packard Company (NYSE: HPQ) and Microsoft Corporation (Nasdaq: MSFT) have entered into a three-year agreement to jointly invest $250.0 million for building an infrastructure model to enhance the application of cloud computing.
Companies are expected to spend around $95.0 billion on cloud computing by 2011, and another $160 billion is expected to be generated from end consumer-applications, like mail and entertainment services offered by tech companies like Google (Nasdaq: GOOG), Yahoo (Nasdaq: YHOO) and Apple (Nasdaq: AAPL).
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About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=4580.
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