Tesla Motors Inc (TSLA), Brocade Communications Systems, Inc. (BRCD): Three Predictions for the New Week

Brocade Communications Systems, Inc. (NASDAQ:BRCD) is a provider of networking storage solutions. Despite a share price that’s been waffling about in the single digits for more than six years, Brocade Communications Systems, Inc. (NASDAQ:BRCD) has been able to carve out a cozy yet profitable living serving data-storage needs. It’s also trying to position itself as a play on Big Data.

Another thing it does is make analysts look like perpetual underachievers. If analysts say that the company posted a profit of $0.12 a share in its latest quarter, I’ll argue that it held up better than that. History’s on my side!

One of my best tricks to beating the market is finding stocks that perpetually land ahead of the prognosticators. Let’s go over the past year of earnings reports.

Source: Thomson Reuters.

Things can change, of course. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares slipped in the latest quarter after the company provided uninspiring guidance, and analysts are targeting small declines in revenue and profitability for the period. Despite the Big Data push, Brocade Communications Systems, Inc. (NASDAQ:BRCD) isn’t participating in the growth that many of those niche players are experiencing.

However, it’s hard to argue against the trend. Everything seems to be falling into place for another market-thumping quarter on the bottom line.

Three for the road
Well, there are three predictions right there. Let’s see how I fare this week.

The article 3 Predictions for the New Week originally appeared on Fool.com and is written by Rick Munarriz.

Longtime Fool contributor Rick Munarriz owns shares of Green Mountain Coffee Roasters. The Motley Fool recommends Green Mountain Coffee Roasters and Tesla Motors and owns shares of Tesla Motors.

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