I carried the “CA Technologies (NYSE:CA) is too cheap” torch for a while, and though the stock is up about 20% since my last article, better than IBM (NYSE: IBM) and in line with Oracle (Nasdaq:ORCL), the nearly 10% underperformance relative to the S&P 500 precludes any victory dance. On the other hand, the stock is well ahead of the S&P 500 on a year-to-date basis, and it sounds like the Street is increasingly on board with CEO Michael Gregoire's plans to reinvigorate growth at this large enterprise software company.
Read more here:
http://www.investopedia.com/stock-analysis/081413/ca-getting-some-benefit-doubt-it-must-deliver-growth-ca-ibm-orcl-crm.aspx
Investopedia: CA Getting Some Benefit Of The Doubt, But It Must Deliver Growth
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