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We don see much if any reason why this evolution can continue

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cheap iphone Cases Sign in / Join NowSummaryNetApp used to have substantial problems and faced a stagnant or even declining market for refusing to embrace high growth storage sectors.In the last couple of years, it did just that and the results have been very encouraging.We don see much if any reason why this evolution can continue.To boot, the company is generating large amounts of cash and will repatriate over $4B of its overseas cash holdings to boost shareholder value and deleverage.NetApp (NTAP) is an interesting company that has spent a number of years in the doldrums, buffeted by a declining traditional market, an acquisition that was difficult to digest, and an unwillingness or inability to embrace the higher value parts of the storage industry.However, things seem to be really back on track, and we have at least 9 reasons for buying the shares, in no particular order:Revenues are growing again Taking share from the competition Service income, software, and hardware maintenance Cash flow bonanza Share buybacks and dividends Reduced stock based compensation Overseas cash Valuation is reasonable Growth The company was seemingly in decline magnetic iphone case, but for various reasons, growth has turned around:There are various reasons for this, the overall storage market is growing again despite the cloud, but parts of it are growing much faster. Its mature business has started to stabilize, but its strategic solutions are growing fast.NetApp has been late to flash storage arrays, but now, in part due to the 2016 acquisition of SolidFire (for $870M), this part of the company is growing at a very fast pace, almost 50% per year. Here is the CEO at the Q3CC:As we indicated on our last call, headwinds from mature solutions have abated cheap iphone Cases.

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