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VMware is a cloud computing and technology company that isn't talked about enough. Their revenues have increase up +317% from $2.8B in 2010 to $11.7B as of last year. But, their stock price is only up +74% over the past 10 years.
Although their stock price has averaged 7.4% per year over the past ten years, it's averaged +31% over the past five years as the cloud business continues to develop. Is this the new trend for VMware shares?
VMware is a cloud computing and technology company that isn't talked about enough. Their revenues have increase up +317% from $2.8B in 2010 to $11.7B as of last year. But, their stock price is only up +74% over the past 10 years.
Although their stock price has averaged 7.4% per year over the past ten years, it's averaged +31% over the past five years as the cloud business continues to develop. Is this the new trend for VMware shares?