In principle yes. based primarily on fundamentals.
However...
I have not traded BEAS.
It is possible, based on technicals (I do not have the chart of BEAS right this minute as the system is updating), that on a mere speculative and short term basis, that BEAS could be a better play.
Again, it depends on premium values for BEAS, as opposed to NTAP.
In my particular case, I am willing to try new stocks to "add them to the stable" of pure bloods. and be diversified.
Now...
As a "long term portfolio" holding....
I may prefer EMC since EMC appears to be the undisputed leader of the storage data companies. In addition the p/e for EMC is 52.4 @ 41.66 as opposed to 156.47 32 for NTAP
The increase of Volatility makes a very attractive proposition to sell premium, (call or put as applicable), as mentioned by Poet, since these premiums become "fatter" then as we approach the last 2 weeks prior to expiriation, such fat all of a sudden goes on a fast diet, (unless of course the price goes against my position).
So.... as a good Irish lawyer friend of mine as told me MANY times... the answer is :
It depends. -gggg-
I personally would not mind attempting some spec on BEAS, I have not yet seen the premiums on it so... That could aslo be attractive.
I have a position on EMC already (short Puts for March)
I just closed the NTAP, if it reaches higher (or even lower levels), I will re-enter. --call or put as applicable--
BEAS Never traded it, I would not mind trying it, particularly if I find the premiums to be fat.
Sorry the answer got so long |
