Good stock market bargains are getting scarcer as the bull market rolls on, but today’s buy idea offers investors a chance to bet on a growth stock that got hit by some negative news in October. It’s followed by a sell alert from Top Stock Insights.
EMC Corporation (EMC)
from Stellar Stock Alert
We all know about the NSA spying scandal. We also know about the recent government shutdown. What happens to NSA spending when the government shuts down? It doesn’t expand its digital memory system at the pace it was prior to the shutdown. When the government buys billions of dollars of memory from EMC Corp. (EMC), the shutdown means a big drop in revenue for EMC. As a result, the stock dropped a little in October. But it’s nothing to worry about. The government shutdown is over for now. It’s unlikely they’re going to shut it down again soon. So we expect earnings to shoot right back up.
Use the current dip to add to your position or buy in for the first time. It’s a good buy. Company execs are buying shares. And the company is buying back its shares. You should too. EMC is a strong buy.
Richard Schmidt, Stellar Stock Alert, www.stellarstockalert.com, 800-456-5705, November 2013