Best Internet Companies To Invest In Right Now

Best Internet Companies To Invest In Right Now: Symantec Corporation(SYMC)

Symantec Corporation provides security, storage, and systems management solutions internationally. The company?s Consumer segment delivers Internet security, PC tune-up, and online backup solutions and services to individual users and home offices. Its Security and Compliance segment provides solutions for endpoint security and management, compliance, messaging management, data loss prevention, encryption, and authentication services to large, medium, and small-sized businesses, as well as offers solutions through its software-as-a-service (SaaS) security offerings. This segment?s products enable customers to secure, provision, and remotely manage their laptops, PCs, mobile devices, and servers. The company?s Storage and Server Management segment provides storage and server management, backup, archiving, and data protection solutions across heterogeneous storage and server platforms, as well as solutions delivered through its SaaS offerings to large, medium, and small-s iz ed businesses. Symantec?s Services segment offers implementation services and solutions, including consulting, business critical services, education, and managed security services. The company also provides various enterprise support offerings, such as annual maintenance support contracts, including content, upgrades, and technical support. It sells its products through its eCommerce platform, as well as through distributors, direct marketers, Internet-based resellers, system builders, ISPs, and retail locations worldwide. Symantec markets and sells its products through distributors, retailers, direct marketers, Internet-based resellers, original equipment manufacturers, system builders, and Internet service providers; and its e-commerce channels, as well as direct sales force, value-added and large account resellers, and system integrators. The company was founded in 1982 and is headquartered in Mountain View, California.

Advisors' Opin! ion:

• [By Wallace Witkowski]

  Symantec Corp. (SYMC) shares dropped 7% to $19.44 on heavy volume, after a brief halted at the closing bell, as the security software company fired Chief Executive Steve Bennett.

• [By Tim Melvin]

  The first "insider" stock to buy is Symantec Corp. (Nasdaq: SYMC), one of the leading internet security providers in the world.

  Symantec makes a wide range of products that help individuals and businesses keep their computers and mobile devices safe from viruses and malware. The stock recently dropped sharply after the company fell short of analysts' quarterly earnings expectations, but CEO Stephen Bennett clearly disagrees with the market's opinion of the company's prospects. He got out his checkbook and added 1,000,000 shares of stock for a total cost of more than $2.2 million. He now owns 488,000 shares of Symantec stock and clearly has high expectations for the future of Symantec's stock price.

• [By Jayson Derrick]

  Symantec (NASDAQ: SYMC) announced last night that it plans to split itself in to two companies. The first company will offer security software and services while the second company will offer storage management software and services. The split will be structured as a tax-free spinoff and is expected to finalize by the end of 2015. Analysts at Topeka warned investors: "While the split may appease some, it remains to be seen if either, or both, company can begin to generate top-line revenue growth. Conditions may be a bit awkward until the separation is complete, which is likely to take place in 2HF16." Shares lost 6.37 percent, closing at $21.95.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-internet-companies-to-invest-in-right-now-3.html