VMWare Rises On Unusually High Volume (VMW)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- VMWare (NYSE: VMW) is trading at unusually high volume Thursday with 5.6 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $4.76 (+7.1%) at $71.69 as of 3:56 p.m. ET.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

VMWare has a market cap of $8.8 billion and is part of the technology sector and computer software & services industry. Shares are down 28.9% year to date as of the close of trading on Wednesday.

VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company has a P/E ratio of 40.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates VMWare as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full VMWare Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

Shorts Trampled In Bull Market Rally; UPS Share Structure Examined -- ICYMI

Shorts Trampled In Bull Market Rally; UPS Share Structure Examined -- ICYMI

Jim Cramer: Short Footprints Everywhere

Jim Cramer: Short Footprints Everywhere

Google Cloud CEO Talks at Goldman Sachs Tech Conference: 8 Top Takeaways

Google Cloud CEO Talks at Goldman Sachs Tech Conference: 8 Top Takeaways

Qualcomm, NXP, VMware Deal Dramas Present Good Opportunities to Profit

Qualcomm, NXP, VMware Deal Dramas Present Good Opportunities to Profit

Expensive Stocks Get More Expensive; Activists to Stall Newell Asset Sales--ICYMI

Expensive Stocks Get More Expensive; Activists to Stall Newell Asset Sales--ICYMI