Filed under: Stocks to Buy

The choppy/consolidating (or perhaps worse) market conditions sometimes give the impression that growth plays do not exist, but that is not the case, and one growth company worth reviewing is Riverbed Technology

Riverbed Technology, Inc. (NASDAQ: RVBD) develops hardware and software that improves the performance of applications shared over networks. The company sells directly, and via reseller channels and distributors.

Analysts see another impressive, 40-60% revenue growth year in 2008, following a 156% increase in 2007, on growing demand for the company’s traffic management solutions.

Further, the company is well-positioned to benefit from increase demand for wan (wide area network) optimization, as these tools become mission-critical for many companies. Operating costs remain under control. The Reuters FY 2007/FY 2008 EPS consensus estimates for RAVID are $0.64 to $0.76.

Continue reading Riverbed has a perpetually-useful optimization technology

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This entry was posted on Saturday, January 19th, 2008 at 7:03 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.