Out Fox The $treet

Last week, both Palo Alto Networks ( PANW ) and Splunk ( SPLK ) released earnings for the quarter ending January that saw massive revenue growth. While both stocks had hot IPOs in 2012 and trade at what are generally considered expensive multiples, they had different reactions after their respective earnings reports. Palo Alto is a leading network security provider that competes against the likes of Cisco Systems ( CSCO ) and Juniper Networks ( JNPR ) , while Splunk is a provider of real-time data analysis commonly referred to as "Big Data." Palo Alto is more focused on taking market share, while Splunk is creating a whole new market. Read the full article at Seeking Alpha. Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

After disappointing results from Riverbed Tech (RVBD) and F5 Networks (FFIV) in the cloud networking space, Radware (RDWR) came through with excellent numbers today. RDWR continues to be the under the radar play in this general sector partly because they maintain a reasonable growth rate of only 17% half that of the numbers reported by RVBD. RDWR reported earnings of $.32 that beat estimates by $.03. Revenue of $41.1M was also slightly ahead of estimates. More importantly, RDWR guided to $.33 - .35 versus the $.33 analyst estimate. Not to mention that the CEO provided the tidbit that the numbers were conservative. RDWR is taking advantage of the move to cloud computing and data center consolidation. They also are in the process of opening up some key OEM relationships that could lead to a further revenue surge. It remains a core holding in our Opportunistic models and based on these results they should stay that way for a long time. Our goal is to hold these stocks for years if t...

Radware (RDWR) is a recent addition to the Opportunistic models. Being at the juncture of network speed and security makes them a very intriguing investment. Also, the stock tends to trade at a reasonable to discount to growth and the tech sector in general. Not to mention the major catch phrase 'cloud computing'. Check out this interview with the CEO on theStreet.com. Disclosure: Long RDWR. Please read disclaimer page.