Is NetApp Inc. (NTAP) a Leader in the Computer Hardware Industry?

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Friday, December 01, 2023 09:39 AM | InvestorsObserver Analysts

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The 69 ranking InvestorsObserver provides to NetApp Inc. (NTAP) inventory places it close to the prime of the Computer Hardware business. In addition to scoring larger than 92 p.c of shares in the Computer Hardware business, NTAP’s 69 general ranking means the inventory scores higher than 69 p.c of all shares.

NTAP has an Overall Score of 69. Find out what this implies to you and get the remainder of the rankings on NTAP!

What do These Ratings Mean?

Analyzing shares will be arduous. There are tons of numbers and ratios, and it may be arduous to recollect what all of them imply and what counts as “good” for a given worth. InvestorsObserver ranks shares on eight totally different metrics. We percentile rank most of our scores to make it simple for traders to grasp. A rating of 69 means the inventory is extra enticing than 69 p.c of shares.

This rating system incorporates quite a few elements utilized by analysts to match shares in higher element. This means that you can discover the greatest shares accessible in any business with relative ease. These percentile-ranked scores utilizing each elementary and technical evaluation give traders a simple technique to view the attractiveness of particular shares. Stocks with the highest scores have the greatest evaluations by analysts engaged on Wall Street.

What’s Happening With NetApp Inc. Stock Today?
NetApp Inc. (NTAP) inventory is buying and selling at $91.23 as of 9:36 AM on Friday, Dec 1, a lack of -$0.16, or -0.18% from the earlier closing value of $91.39. The inventory has traded between $89.32 and $91.28 to date in the present day. Volume in the present day is much less energetic than standard. So far 1,737 shares have traded in comparison with common quantity of 1,859,415 shares.

Click Here to get the full Stock Report for NetApp Inc. inventory.

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