Why We're Buying More of This Recent IPO
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.
We're buying more shares of Fusion-io for our real-money "10-Bagger Portfolio." The trend towards data usage continues to grow exponentially. And Fusion-io only just recently added Pandora to its growing list of enterprise customers. There is, of course, plenty of competition out there, especially from big storage players like EMC, but Fusion-io continues to gain traction in the marketplace. And we believe that it's positioned very well to capture more market share, so the recent pullback provides us with a good opportunity to increase our allocation.
The era of big data has arrived. To discover one company Fool analysts believe will rule this emerging area of technology, we've created a free report named "The Only Stock You Need to Profit from the NEW Technology Revolution." Inside the report we'll reveal a company that has gone on to gains of more than 200% since first recommended by the Fool. Best of all, it still has room to run. You can click here to access your report -- it's totally free.
At the time this article was published David Meierowns shares of Apple.John Reevesowns shares of Apple. The Motley Fool owns shares of Apple, EMC, and Fusion-io and has the following options: short JAN 2013 $150.00 calls on Salesforce.com and long JAN 2013 $150.00 puts on Salesforce.com.Motley Fool newsletter services recommendApple and Salesforce.com. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.