Tag Archives: Red Hat

RHT — Buying Red Hat as it Returns to Recent Highs

One of the important themes we have been seeing throughout this recent recovery in the stock market is how corporations have been investing to bring their technology up to speed to improve productivity and profits. Red Hat has been right in the middle of that discussion, and I think the stock is going to bounce up and off of its most recent pullback (small as it’s been) and continue climbing until it reaches the high of $52.50 it saw three different times (October, November and December) during 2011. (more…)

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