Red Hat, Inc. (RHT)’s Slump Gives Long-Term Investors a Buying Opportunity

Still, Red Hat is moving forward with a number of initiatives. Its Enterprise Virtualization product emphasizes the power of the cloud, with collaborations with a number of industry leaders allowing Red Hat to integrate useful products from NetApp Inc. (NASDAQ:NTAP), Symantec Corporation (NASDAQ:SYMC), and Hewlett-Packard Company (NYSE:HPQ). It also unveiled its OpenStack Platform and Cloud Infrastructure products as part of its overall vision to create what it calls an Open Hybrid Cloud.

In Red Hat, Inc. (NYSE:RHT)’s quarterly report, watch to see which strategic direction the company chooses to take going forward. With so much happening in cloud computing, Red Hat has plenty of options, and it’ll be interesting to see which ones it emphasizes for the near future.

The article Red Hat’s Slump Gives Long-Term Investors a Buying Opportunity originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter: @DanCaplinger. The Motley Fool owns shares of International Business Machines Corp. (NYSE:IBM) and Oracle Corporation (NASDAQ:ORCL).

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