NEW YORK ( TheStreet) -- It has been a seesaw type of a year for big data giant NetApp (NTAP - Get Report). Since reaching its year-high of $46.80 on April 3, the stock has lost as much as 40%. This is despite what has been some solid performances relative to published estimates.It seems investors have become concerned about the company's prospects, or more specifically, how will it fare against rivals such as IBM (IBM) and EMC (EMC). Of late, it would seem that investors have favored EMC. However, NetApp has done more than hold its own in these battles.
Why It's Time To Buy NetApp
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