Bullish BMC in the S&P
May 15, 2012 (AAPLTrader)
BMC is a software company that is located in Houston, Texas and was founded in 1980 by three people. Scott Boulette, John Moores, and Dan Cloer. They used their names to create the name of the company, BMC.
Why is BMC so important?
Approximately 96% of the Forbes Global 100 and 81% of Fortune 500 companies rely on BMC Software to manage their business services and applications across distributed, mainframe, virtual and cloud environments. With the leading Business Service Management platform, Cloud Management, and the industry’s broadest choice of IT management solutions, BMC helps customers cut costs, reduce risk and achieve business objectives.
The total revenues for fiscal year 2012 were $2.2 billion, and the net earnings excluding special items were $562 million. BMC employs over 6,500 workers in over 120 countries and is a member of the S&P 500.
BMC Software is focused on helping their customers design and implement complete solutions to meet their specific business needs. They have formed strong partnerships with more than 500 technology companies worldwide including:
- Red Hat
Together these partnerships form a network that can deliver all elements of a complete Business Service Management solution–across the globe.
BMC is technically showing a bullish trend with an increase in volume. With a trend like this moving healthy and strong, I can see a target set for about $50 in early July of this year. And if this momentum keeps up, we might even see this number at the end of this month.
Eric Consiglio- aapltrader.com
in the World!