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 and cloud-computing software specialist Citrix Systems
So what: First-quarter sales jumped 18% year-over-year and earnings took a 52% leap, beating Street estimates by a large margin on both counts. That was the fifth earnings beat in the past eight quarters and the third consecutive outperformance.
Now what: Virtual computing is an important paradigm breaker that opens up the cloud, and a sure marker that leads to market-beating results. That holds true for pure plays Citrix and VMware
It doesn't really matter what kind of investor you are: Citrix and all of its peers have beaten the S&P 500 senseless in the three-month, one-year, and five-year perspectives. The catalytic power of the cloud should last for at least another decade, in my opinion. In other words, expect more of these terrific results from Citrix and friends.
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Fool contributor Anders Bylund holds no position in any of the companies discussed here, though he probably should. VMware is a Motley Fool Rule Breakers pick. 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 is investors writing for investors.