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4 Tech Stocks Set to Shine

EMC EMC Chart EMC data by YCharts

The storage giant shrugged off global macroeconomic weakness to edge past Wall Street's second-quarter revenue forecast earlier month, continuing its run of strong results.

One of the key players in cloud computing and the emerging big data market, EMC has enjoyed 10 consecutive quarters of double-digit year-over-year top and bottom-line growth.

Shares of the Hopkinton, Mass.-based firm have climbed 21.82% to $26.24 this year, although Topeka's White still sees a buying opportunity for investors.

"Given EMC's growth prospects, expanded portfolio, the positive trends in the storage market, 80% interest in VMware and historical P/E of 18x, we believe this is a reasonable valuation," he said.

The recent management reshuffle at EMC and its VMware subsidiary has also been cited as a positive for the company, providing a solid succession plan for CEO Joe Tucci.

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EMC $26.50 0.00%
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