The following video is part of our “Motley Fool Conversations” series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
When Federal Express cuts its outlook because of slowing global growth, it’s time to pay attention. But just because economic growth is slowing doesn’t mean we should avoid growth companies altogether. Regardless of the economy, the use of data, for example, will continue to grow as computing power rises and storage prices fall. There are some very interesting companies taking advantage of that trend, in fact. Splunk and Informatica want to help companies analyze all of the data being created to make better decisions. Infinera sells optical networking equipment to telecoms to move the massive amounts of data around the world. And telecoms are just starting the next upgrade cycle. The most interesting idea John and David see to play the big data trend is Fusion-io. As millions and millions of devices are connected, we need more servers. Fusion-io’s products use flash memory to help servers run more effectively, so users can get the right data at the right time.
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David Meier owns shares of Infinera. John Reeves has no positions in the stocks mentioned above. The Motley Fool owns shares of Fusion-io and Infinera. Motley Fool newsletter services recommend FedEx, Infinera, and Informatica. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.