Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of enterprise data organizer Informatica
So what: Last night's fourth-quarter report easily beat Street estimates, and the next-quarter outlook was right in line with consensus estimates. Management sees cloud computing and social networks as the best growth drivers it has going in 2011.
Now what: Informatica is checking off all the right buzzwords and showing plenty of business muscle, but that doesn't necessarily make the stock a great buy. Shares are trading at 63 times trailing earnings even after last quarter's outperformance, and Informatica is very expensive relative to rivals such as SAP
Interested in more info on Informatica? Add it to your watchlist.