Symantec Just Became The Perfect Stock For Bargain Hunters
By Trade In Mexico:Symantec Corporation (SYMC) shares were trending up in 2012, but the company released a warning on earnings that disappointed many investors and the shares plunged over 10% after the news came out.The company makes anti-virus products for computers and sells the popular "Norton" brand. It looks like the quarter was impacted by the data back-up and storage division and also by some large orders which did not book in the quarter, but could still book later this year. Some of the inconsistency for this quarter, might be due to the fact that the company is shifting its business to a subscription-based model. Symantec now expects earnings per share to be around 38 cents which is below the expectation of 41 to 42 cents per share. The company will report earnings on May 2, 2012. Here are a few reasons to consider buying shares at the bargain price of justComplete Story »
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