NEW YORK (TheStreet) -- Wall Street curmudgeons always offer that "even a broken clock is right two times a day." While the intent is to poke fun at investors who have not performed sound due diligence, the remark does very little to discredit the rewards earned on the trade.It only takes being right once to become a millionaire investor. Ultimately, being in the right place and at the right time is what counts.
Investors have to also consider the impact that the increased data demand will have on cloud companies such as EMC ( EMC) and Oracle ( ORCL). It stands to reason that their reputation of bringing business efficiency and expertise in the area of "big data" will come at a premium. EMC is far from being discounted -- at current levels it is trading at a multiple higher than a rival such as IBM ( IBM)). But that just shows how undervalued both Oracle and HP just might really be.