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

The Street Doesn't Seem To Believe Radware Will Become A Player

Wall Street doesn't typically have all that much patience with tech growth stories, so while Radware's (NASDAQ:RDWR) historical growth is hardly embarrassing, it doesn't seem like analysts or investors expect big things from this company in the future. Maybe that's fair given the slowing ADC market and the rampant competition in security, but Radware's technology and rich cash balance could generate more growth than currently expected.

Just A Small Player In A Slowing Market?

It might be easy to dismiss Radware at first. After all, the application delivery controller (ADC) market is not all that large (roughly $1.6 billion/year) and most analysts expect it to see slowing growth in the coming years - from double digits into the...

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