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: Small-cap data storage specialist Quantum
So what: If Quantum's two seemingly undervalued assets -- the DXi deduplication appliance and StorNext data management software -- perform as expected, Gleacher & Co. analyst Brian Marshall thinks the shares could easily double over the next year. Of course, the added Wall Street coverage alone should help bring some attention to the "under the radar small cap value idea."
Now what: While Fools should take analyst opinions with a grain of salt, Quantum certainly feels cheap. Even when you factor in today's double-digit pop, the stock trades at a wide forward P/E discount to rivals such as EMC
Interested in more information on Quantum? Add it to your watch list by clicking here.
True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Fool's disclosure policy always gets a perfect score.