Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Frustrating F5 Networks Zigs And Zags Again

Value investors and tech stocks are typically an oil and water mix, but I've had enough success with a value approach (or at least a GARP approach) that I always keep an eye on interesting tech names. One of the most interesting, albeit frustrating, names has been F5 (NASDAQ:FFIV).

While F5 has a legitimately impressive share of the ADC market and bold plans to expand into nearby markets like security and diameter signaling, sluggish product growth and an uncertain future for the ADC market make this a tricky stock. Though Thursday's post-earnings rally doesn't necessarily take it off the list as a potential buy, investor expectations for product revenue re-acceleration may be upping the risk.

Soft Fiscal Q1...

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