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Brocade Communications Systems, Inc.

  • The Top 3 New Buys of Soros Fund Management

    By Madhu Dube - June 13, 2013 | Tickers: BRCD, CSCO, MWV, RHT

    Tracking the movement of a billionaire hedge fund manager like George Soros can provide an investing opportunity. His Soros Fund management has a total value of $8.5 billion and is known for generating returns from short-term volatility. According to the recent 13F filings of Soros Fund Management, its top three new buys were MeadWestvaco (NYSE: MWV), Brocade Communication (NASDAQ: BRCD), and Red Hat (NYSE: RHT). Let’s analyze these more »

  • Billionaire Paul Singer’s Elliott Management Bought These Stocks

    By Meena Krishnamsetty - May 24, 2013 | Tickers: BRCD, CPWR, HES, VMED

    Elliott Management, a hedge fund managed by billionaire Paul Singer since its founding in 1977, has filed its 13F for the first quarter of 2013 (see the filing on the SEC's website). These filings disclose hedge funds' or other major investors' long equity positions as of the end of a quarter; there are a few different ways for investors to use this information.

    For one, we have found that more »

  • Billionaire Paul Singer’s Latest Stock Picks

    By Meena Krishnamsetty - February 19, 2013 | Tickers: BMC, BRCD, CPWR, NBHC, NTAP

    We have been tracking 13F filings from hedge funds and other notable investors as they come in and reveal many of these market players’ long equity positions as of the end of December. Despite the delay, we have found that 13Fs can actually be mined for valuable information. For example, the most popular small cap stocks among hedge funds have, on average, outperformed the S&P 500 by 18 percentage more »

  • Consumer & Business Computing/IT: A Perplexing World For Investors

    By Bill Edson - February 5, 2013 | Tickers: BRCD, HPQ, IBM

    There is a growing division between consumer-oriented and business-oriented computing and information technology companies. Many firms are targeting business clients, particularly those in cloud computing and networking. This would be great if there were not many desperate companies vying for this market, and if large companies didn’t try to make inroads into this new territory by making acquisitions. However, since there is fierce competition in this space, investors should more »

  • Brocade Continues Search for Buyer With New CEO

    By Daniel James - January 19, 2013 | Tickers: BRCD, CSCO

    There has been quite a lot of activity in the data networking space recently, as large companies have snapped up acquisitions in an effort to expand their reach. Cisco (NASDAQ: CSCO) especially has been ramping up M&A activity with several recent buyouts. Brocade (NASDAQ: BRCD), another player in the data networking industry, has recently appointed a new CEO after unsuccessfully looking for a buyout. According to many analysts, Brocade more »

  • Ignore the Fiscal Cliff: 1 Bullish Idea From 4 Tech Stocks Under $6

    By Chris Lau - December 31, 2012 | Tickers: AMRN, BRCD, GRPN, MU, OCZ, SIRI

    Between Nov. 30 and Dec. 14, short-selling volumes increased for a range of companies in various sectors. In the volatile pharmaceutical and biotech sector, companies like Amarin and Dendreon  experienced a 15% increase in short-selling.  In the technology sector, bearishness increased for OCZ Technology (NASDAQ: OCZ) and Sirius XM Radio (NASDAQ: SIRI) each by 9%. Investors were also more bearish on Brocade Communications (NASDAQ: BRCD).  In this article, four technology more »

  • Cisco: Upside Potential With Yield!

    By Matthew Frankel - December 28, 2012 | Tickers: BRCD, CSCO, JNPR

    Cisco (NASDAQ: CSCO) is the world’s largest supplier of computer internetworking systems, offering a complete line of routers and switching products for both local and wide area computer networks.  The company’s stock has rebounded nicely since trading at the sub-$15 level just this past July.  Investors may be wondering whether the stock is losing steam, or if there are more gains to be had.

    First, let’s more »

  • Why It’s Time To Play Network Stocks

    By Richard Saintvilus - December 6, 2012 | Tickers: BRCD, CSCO, FFIV, HPQ, JNPR | Editor's Choice

    As with the chip stocks, which I talked about earlier this week, there are plenty of money-making opportunities within the networking group, but it requires investors to fully understand what sets these companies apart from the rest.

    A few names such as Cisco and F5 have been heavily investing in their future via M&A, while others such as Brocade are doing so well that they continue to be the subject of M&A speculation. In other words, networking has been down, but the group is certainly not out. Well, except for Juniper.

  • Turning Big Data Into Big Profits

    By Douglas Ehrman - November 20, 2012 | Tickers: BRCD, EMC, INTC, IBM

    Aside from the fact that ‘Big Data’ is about the least inspiring moniker possible for a field that could change the way the world works, it is at least descriptive. As IBM (NYSE: IBM) points out “[e]very day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been created in the last two years alone.” What this means more »

  • Billionaire Paul Singer’s Latest Stock Picks

    By Meena Krishnamsetty - November 19, 2012 | Tickers: BMC, BRCD, CPWR, DLPH, ENL

    Paul Singer founded Elliott Associates in 1977, making Elliott quite old when compared to the rest of the hedge fund industry. The fund recently filed its 13F with the SEC, disclosing many of the long equity positions in its portfolio as of the end of September. We have gone through the filing and identified some of the moves that Elliott made during the third quarter by comparing its positions to more »

  • Brocade Ahead of Earnings

    By Douglas Ehrman - November 18, 2012 | Tickers: BRCD, IBM, SNX

    Brocade Communications Systems (NASDAQ: BRCD) is set to announce earnings after the closing bell on Monday Nov. 19. The company is expected to report that it has continued on its trajectory of significant earnings and revenue growth, posting solid numbers despite the general slowdown in IT spending. While the results should serve as a positive catalyst for the stock, it is the company’s emerging position in ‘Big Data’ solutions more »

  • Is EMC a Good Stock to Buy?

    By Meena Krishnamsetty - October 14, 2012 | Tickers: BRCD, EMC, HPQ, IBM, NTAP

    Data storage company EMC Corporation (NYSE: EMC) has been looking good so far from a business perspective as we come up on its earnings release for Q3 later this month. It experienced double-digit percentage increases in revenue and in earnings during the second quarter of 2012 compared to the same period in 2011. Sales were up 10% and earnings grew 12%, leaving the company with 29 cents in EPS for more »

  • Why is Elliott Management Decreasing Its Stake in This Tech Company?

    By Meena Krishnamsetty - September 25, 2012 | Tickers: BRCD, CSCO, ELX, HPQ, QLGC

    In an amended schedule 13D filing with the SEC last Friday, Elliott Management reported that it was decreasing its stake in Brocade Communications Systems (NASDAQ: BRCD) from 8.4% to 5.9%. As of its most recent transaction, Paul Singer’s hedge fund now owns 27.1 million shares of the networking equipment company worth a little over $168 million.

    At the end of this year’s second quarter, Elliott more »

  • What Do Hedge Funds See in this IT Company?

    By Meena Krishnamsetty - September 14, 2012 | Tickers: BRCD, EMC, HPQ, IBM, NTAP

    Data storage provider EMC (NYSE: EMC) earned a place on our list of the 10 technology stocks hedge funds like for the second quarter of 2012. A total of 51 hedge funds and other notable investors in our database of 13F filers reported a position in the stock. Brookside Capital, a unit of large asset management firm Bain Capital, was one of the funds taking a liking to EMC. Brookside more »

  • Uncertainty Casts Shadow Over Brocade Communications

    By John Mylant - August 28, 2012 | Tickers: BRCD, HPQ, IBM, ORCL

    Brocade Communications (NASDAQ: BRCD) is one of those few companies that has had a good quarter beating estimates in both earnings and revenue. For this reason my first question would be: “Does this mean it is a good candidate for investing in?” Let’s take a look at the events surrounding this company right now and I will let you know what I think as we see a lot of more »

  • Dell Just Bought Quest...Who Is HP Going To Buy Next?

    By Meena Krishnamsetty - July 9, 2012 | Tickers: BRCD, DELL, HPQ, MSFT, QLGC

    Margins in PCs are on their last legs. Fierce overseas competition, high consumer expectations, and the never-ending stream of “me too” tablets and ultrabooks have left profit margins in the regular personal computer market eroded. Dell’s (NASDAQ: DELL) recent 2012 Analyst Meeting reveals a few notable facts here: Revenues in the consumer PC market (including desktop, laptops, and displays) are down another 5% YoY, and operating income in the more »

  • Is it Time to Jump into These Stocks?

    By Ali Ghorbanzadeh - June 25, 2012 | Tickers: ABR, BRCD, SPG, VNO

    Investors are typically always on the hunt to find stocks that outperform the general market. In these turbulent times, that is much easier said than done. However, one screening tool that has proven to be effective in determining whether a stock is moving higher is insider buying due to one simple reason: they buy stocks, just like us, to make more money. In addition, they arguably have the best view more »

  • Top Tech Takeover Targets

    By Lee Samaha - June 11, 2012 | Tickers: BRCD, CSCO, FFIV, IBM, ORCL

    Weak markets always bring up opportunities, and none more so than in the M&A space. While it’s never a good idea to buy a stock solely for its takeover potential, I think that potential acquirers are looking at exactly the same valuations that other investors are. Although naturally, their decision is motivated more by strategic concerns, so in this article I’m going to stick to discussing firms more »

  • Making Brocade Communications Profitable Again

    By John Mylant - May 29, 2012 | Tickers: BRCD, CSCO, JNPR

    With a new sales perspective in place, Brocade Communication Systems (NASDAQ: BRCD) can now sell a good product to a global clientele. In the past it has had what some consider a weak sales effort and good products. But we may see the company struggle before it can really do some moving up after two less than stellar quarters.

    Brocade has been known for good technology that just wasn’t more »

  • Paul Singer's Elliott Management Is Bullish on these Stocks

    By Meena Krishnamsetty - February 15, 2012 | Tickers: BRCD, CSCO, GM, IRM, NWSA

    Founded by Paul Singer in 1977, Elliott Associates is one of the oldest hedge funds under continuous management. Together with Elliott International, Elliott Associates forms the Elliott Management Corp., which manages roughly $15 billion of capital for large institutional investors and wealthy individuals alike. Before founding his fund, Singer earned a BS in psychology from the University of Rochester and a JD from Harvard Law School. After that, Singer spent more »