After spending much of the past six months at a less-than-impressive three-star rank, Brocade Communications Systems
Brocade's shares have taken a few hits in the past six months -- first after potential suitors like Hewlett-Packard
CAPS members also like the strength that Brocade has shown in its storage segment and see potential for it to continue to expand sales. The segment generated close to 14% revenue growth in its recent quarter while taking market share from competitors -- not too shabby at a time when many companies struggle just to stay afloat. And as overall IT spending is expected to gain momentum this year after many companies have been holding off in the face of a dire economy, Brocade expects to see continued accelerating demand for data storage solutions. With a solid lineup of OEM partners including companies like IBM
Do you think Brocade deserves its raised status? Add your thoughts in the comments box below on this page, or head over to CAPS to rate the company and check out all the information and opinions the community offers, absolutely free.
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Fool contributor Dave Mock could use an upgraded bathroom sink that doesn't leak. He owns no shares of companies mentioned here the Fool owns shares of Oracle. You probably didn't know it, but the Fool's disclosure policy once played for the Harlem Globetrotters.