One of technology's biggest events, CES 2018, kicked off in Las Vegas on Monday. Investors looking for a way to capitalize on the event may want to consider these four picks, courtesy of KeyBanc Capital Markets.
KeyBanc's Alex Kurtz and Steve Enders.
- Red Hat Inc RHT: The biggest catalyst to support Red Hat's near-term billings growth is Linux share gains, augmented by average selling price growth from OpenShift.
- VMware, Inc. VMW: The case for owning VMare's stock can be found in the company's multiple paths to drive 10-percent license growth and superior cash flow generation through ESX, vSAN and NSX.
- Pure Storage Inc PSTG: Pure Storage is "turning the corner" on free cash flow, as its sales force reaches a maturity that will improve the company's contribution margin.
- CommVault Systems, Inc. CVLT: CommVault is a leader in data visibility across on-premise and hybrid cloud deployments, which typically boast higher contribution margins.
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