NetApp May Be Storing Disappointment

After the close, storage vendor NetApp (NTAP) is expected to report its fiscal 2013 fourth quarter. Analysts anticipate earnings of $0.68 on revenue of $1.758 billion. Back in November, I didn't like the second quarter results. But it didn't matter as analysts rushed to upgrade the stock. The stock took off.

I basically argued:  Why bother with a tech company that can only produce 2% revenue growth? I mean the big quarter was the third quarter, when revenue grew a staggering 4.1%. The fourth quarter is expected to grow just 1.7%. If it weren't for the smoking-hot third-quarter performance, the year would have been a total loss. ...258 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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