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Which tech stock has just received a slew of bullish notes including one that read "one of the strongest growth stories in software over the last three years?"
Guy Adami says its SolarWinds [SWI
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] a company that has nothing to do with either solar or wind -- but instead makes software that helps businesses maintain their growing and often complicated computer networks.
According to the company's website, SolarWinds develops simple and powerful software for managing networks, small or large. The company's culture is defined by passion for innovation and a philosophy that network management can be simplified for every environment.
Here are some more particulars:
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SolarWinds (SWI)
-Based in Austin, Texas
-Sector: Technology
-Industry: Sofware & Programming
-Market Cap: $1.01 billion
-52 Week Low $12.70
-52 Week High $16.17
-IPO May 2009
What makes SolarWinds a rising star stock?
They had one of the more successful IPOs of the year, explains Guy Adami. And I think their online distribution is very interesting because it keeps overhead costs low.
Also, their valuations look compelling and their customer base includes IBM, Harvard University and the US Postal Service. Considering all these catalysts, I think it’s a stock to own for the long-run.
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