What Fusion-io's Big Deal Means for Investors

The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics around the investing world.

Fusion-io recently announced that Cisco is a new customer, putting its ioMemory in the hardware giant's servers. Fusion-io combines solid-state memory and proprietary software to help servers run more effectively, improving utilization. Other big customers include Hewlett-Packard, Apple, and Facebook. They all see the benefits, especially Facebook, which has to crunch incredible amounts of data for its customers. David likes this news, particularly since the world is becoming more digital, not less. And Fusion-io's memory products help crunch all that data more effectively. The stock may not seem cheap on a P/E basis, but it's growing fast and has a large potential market. John and David own shares in their real-money 10-Bagger portfolio and still find it an attractive stock today.

The era of big data has arrived, and companies like Fusion-io may win big as a result of this trend. To discover another company Fool analysts believe will rule this emerging area of technology, we've created a free report called "The Only Stock You Need to Profit From the NEW Technology Revolution." Inside the report we'll reveal a company that has gone on to gains of more than 200% since first recommended by the Fool. Best of all, it still has room to run. You can click here to access your report -- it's totally free.

David Meier and John Reeves own shares of Apple. The Motley Fool owns shares of Apple, Facebook, and Fusion-io. Motley Fool newsletter services recommend Apple. 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.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1919371, ~/Articles/ArticleHandler.aspx, 12/18/2014 4:50:21 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement