VMW Bi-Weekly Blog
VMWare (VMW) opened June trading at $87.96 and closed on June 12th at $88.91. The stock has been incrementally climbing in value since the stock's purchase in April. VMWare still has room to run in my opinion and that is backed by VMWare's overwhelming presence in the virtual technology space. The company's strong technological management skills and innovation leads me to believe the current price target for VMWare of $95.05 is fair and I believe the company will post strong second quarter figures and will push the stock very close to our price target.