Long Position on SWI @ $43.60 on 9/18/2014 (Momentum)

SolarWinds, Inc. (SWI) designs, develops, markets, sells, and supports enterprise-class information technology (IT) and infrastructure management software to IT professionals in various organizations worldwide.

The company offers enterprise-class network management products, including SolarWinds Network Performance Monitor that monitors and analyzes network performance metrics for routers, switches, servers, and other simple network management protocol enabled devices; additional network management products for various network management issues; SolarWinds Log and Event Manager, a server-based product that automates the collection and interpretation of logs from various sources; and network management transactional products.

It also provides enterprise-class systems and application performance management products, which facilitate system administrators to monitor and manage the performance of physical and virtual servers, applications, databases, and storage devices.

In addition, the company offers managed service provider (MSP) products that allow remote monitoring and management, as well as for MSP service automation. Further, it offers free tools that are desktop, laptop, server-based, or Internet-based applications; and maintenance and support services to network professionals, as well as systems, storage, or virtual administrators. The company primarily serves small- and mid-size businesses; large enterprises; MSPs; and local, state, and federal government entities directly, as well as through distributors and resellers. 

Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock. The firm reports its quarterly results on October 27th.

52-Week Trading Range: $31.94 - $46.95

Entry Point: $43.60

Stop Loss: $41.40

Target Price: $47.96

Updates

10/17/2014 11:17:43 AM

Closing SWI at $41.09.

Position closed on 10/17/2014 at price of $41.09 with a -5.76% loss in 29 days.

Back to Portfolio