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The Latest Breaking News from CVLT

2 Tech Stocks Ready to Help You Make Money in the Long Term

The consecutive federal rate hikes have led to a significant tech selloff this year. However, the industry’s long-term prospects look solid, considering the rapid digitization and adoption of advanced technologies. Investors could consider buying fundamentally sound stocks Microsoft (MSFT) and Commvault Systems (CVLT), to capitalize on the industry’s rosy prospects.…

StockNews.com

Bill.com Beats Earnings Estimates, but Are These Stocks Better Buys?

Bill.com (BILL) reported better-than-expected revenue and earnings in the last reported quarter. Despite its better-than-expected fiscal fourth quarter results, we think the stock is best avoided now, given its poor fundamentals. However, investors can consider investing in its industry peers Progress Software (PRGS) and Commvault Systems (CVLT), given their strong…

StockNews.com

4 "Strong Buy" Stocks for a Fear-Driven Market

Even though the inflation declined slightly from the 40-year high in July, it stayed elevated. Therefore, the Fed could maintain its hawkish stance on tightening monetary policy, which will drive market volatility. Amid this fear-driven market, we think it could be prudent to invest in fundamentally sound stocks AbbVie (ABBV),…

StockNews.com

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4 Stocks That Are Long-Term Winners

In an uncertain market environment, investors must look for stocks that could win in the long run based on their strong fundamentals and solid growth prospects. We think Walmart (WMT), Tennant (TNC), Commvault Systems (CVLT), and Vertex Pharmaceuticals (VRTX) could be good choices on that front. Read on to learn…

StockNews.com

5 Software Stocks Rated 'Strong-Buy' For June 2022

Rising concerns about the Federal Reserve's interest rate increases to tame surging inflation and the Ukraine-Russia war have driven a massive sell-off in the tech sector. However, rapid digitization and robust demand for software services across various industries bode well for the overall software market. Therefore, we think it could…

StockNews.com

3 Safe Stocks to Invest in During the Market Downturn

Sky-high inflation, geopolitical uncertainties, and an expected economic slowdown have kept the stock market under pressure. Since the lingering macroeconomic and geopolitical issues are not expected to ease anytime soon, investors could invest in Coca-Cola Consolidated (COKE), Sisecam Resources (SIRE), and Commvault Systems (CVLT), as they are well-positioned to remain…

StockNews.com

2 Under-the-Radar Tech Stocks to Buy Now Before Moving Higher

Due to various macroeconomic and geopolitical concerns, U.S. technology stocks suffered a brutal selloff in April. However, the tech industry is expected to achieve significant growth in 2022, driven by sustained demand, the integration of new and advanced technologies, and increased corporate and government investments. So, given the sector’s bright…

StockNews.com

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3 Cheap Small-Cap Software Stocks to Add to Your Watchlist

The pandemic-induced digital transformation trend across industries and the increasing investment in cloud-based solutions bode well for the software industry. Furthermore, analysts expect software spending to increase significantly this year. Given this backdrop, we think small-cap software stocks Progress Software (PRGS), Rimini Street (RMNI), and Commvault Systems (CVLT), which look…

StockNews.com

3 ‘Strong Buy’ Tech Stocks at Rock-Bottom Prices

The tech industry is growing fast with significant investments in emerging technologies and digital transformation trends across sectors. However, this year's tech sell-off has led to several fundamentally sound stocks trading at low prices. Despite possessing solid financials, Commvault (CVLT), NetScout (NTCT), and AstroNova (ALOT) are trading at rock-bottom prices.…

StockNews.com

2 Software Stocks That Look Cheap

The technology and software sectors have suffered major setbacks because of sell-offs amid U.S.-Russia-Ukraine tensions and worrisome forthcoming interest rate increases. However, given their solid long-term growth prospects, we think it could be wise to bet on cheap yet quality software stocks Commvault Systems (CVLT) and NetScout Systems (NTCT). Let’s…

StockNews.com

CommVault Systems Tops Q3 Consensus

CommVault Systems Inc (NASDAQ:CVLT) reported third-quarter FY22 revenue growth of 8% year-on-year to $202.4 million, beating the consensus of $195 million. Annualized recurring revenue (ARR) rose 11% Y/Y to $561.2 million as of December 31, 2021. Software and products revenue rose 11% Y/Y to $98.6 million, driven by a 24% increase in larger…

Benzinga

Recap: CommVault Systems Q3 Earnings

CommVault Systems (NASDAQ:CVLT) reported its Q3 earnings results on Tuesday, January 25, 2022 at 07:45 AM. Here's what investors need to know about the announcement.

Benzinga

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