NetApp: Growth Potential In A Competitive Market

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About: NetApp, Inc. (NTAP)
by: Michael A. Gayed, CFA
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Summary

The hybrid cloud market is forecasted to rise at a CAGR of 18.73% through 2024.

NetApp is well-positioned to grab such growth potential.

Bullish flag formation points to a move well above $100.

Eventually you won't think of the "Internet business". You'll think of it more like news, weather, sports, but even that taxonomy isn't clear. - Bill Gates

Things get even more complicated when trying to understand