Falling in sympathy with Citrix was VMWare ( VMW ), whose shares fell about 9% in a month. Like Citrix, VMWare provides virtualization infrastructure solutions. The companies both help enterprises operate more efficiently, by reducing the amount of hardware needed and making server maintenance easier.Below is a chart comparing the forward P/E (or price of profitability) against quarterly sales: VMWare could be winning business from Citrix customers, and may still report solid earnings on October 21. It might be better for investors to avoid VMWare until after the company provides a clearer picture of the business conditions. F5 Networks ( FFIV ) and NetApp ( NTAP ) are also reporting after VMWare, on October 23 and November 13, respectively. F5 trades at a lofty price to sales premium of 4.91, but is expected to have a strong quarter. In July, the firm provided a strong Q4 revenue guidance. Do you think any of these tech stocks to watch are worth considering during earnings season? Use the list below as a starting point for your own analysis. 1. Citrix Systems, Inc. ( CTXS): Designs, develops, and markets technology solutions that deliver information technology services on-demand worldwide. Market cap at $10.96B, most recent closing price at $58.54.
2. Red Hat, Inc. ( RHT): Provides open source software solutions to enterprises worldwide. Market cap at $8.12B, most recent closing price at $42.84.
3. VMware, Inc. ( VMW): Provides virtualization and virtualization-based cloud infrastructure solutions primarily in the United States. Market cap at $34.38B, most recent closing price at $80.28.
4. F5 Networks, Inc. ( FFIV): Provides technology that optimizes network-based applications, the security, performance, and availability of servers, and data storage devices. Market cap at $7.08B, most recent closing price at $90.21.
5. NetApp, Inc. ( NTAP): Engages in the design, manufacturing, marketing, and technical support of networked storage solutions. Market cap at $14.64B, most recent closing price at $41.73.