As cheap as FFIV is if you believe the positive press the company is getting with their new product launch this would be perfect timing for one of the big 4 to swallow them up. If they wait for follow on qtr performance the price tag will become expensive again. Might be too optimistic but its always nice to dream.
I am listening to the song "Patience" by the bellicose group Guns-n-Roses as I respond to this post. I believe genuine stock pickers will find a better opportunity in this sector with a stock called Manhattan
Associates...symbol (MANH). It will require much less patience. The market will pump air into it extremely soon. It may hit a new 52 week high yet this week, and move much higher in the coming weeks. Do your own DD. Think about visiting a conference in Las Vegas if you like!
Its at the lower end of its swing and has potential to hit 120 + this year. Seriously its amazing most of the cloud stocks as low as they are right now given the prices of the major indexes. You won't know what a good deal is until its no longer within reach.
Sentiment: Strong Buy
Given that the system capacity for nearly infinite market intervention exists, and that a political bias will always exist in a single direction toward higher asset prices, then they can trade for whatever they want.
Given the limited intellectual capacity for the average American and politician, inconvenient truths can be shrugged off for decades, until collapse occurs.
Its ironic that the best brains in America are devoted to exploiting the system for their own personal benefit rather than improving it in leadership and keep it functioning at a high level of integrity. Its been one of the greater surprises of being an adult for me.
And so tomorrow, some more of the delusional fantasy unfolds. Enjoy.