NetApp Is Cheap, But Can It Sustain Growth?

  • Shares of NetApp are fairly modestly priced, given the financial metrics like free cash flow, dividend yield and buybacks.
  • The company is innovating its way out of the decline of its traditional storage market and they have been successful in that in the last couple of years.
  • If there is no acceleration in that downturn of core storage products with accompanying margin erosion, the shares should at least stabilize.

Source: NetApp Is Cheap, But Can It Sustain Growth? – NetApp, Inc. (NASDAQ:NTAP) | Seeking Alpha