July 6, 2004

Linux a Money Making Investment: Analysts

Anonymous Reader writes "One the most straightforward ways to potentially profit from the open source movement and specifically the Linux operating system is buying stock in the leading vendors, according to one investment research firm.

A new research report recently published from Equity Research firm, Caris & Company, titled The Best Things in Life are Free? indicates that the research group has high hopes for both Novell (Quote, Chart) and Red Hat (Quote, Chart).

Provo, Utah-based Novell has been given a BUY rating with a target price of $12 while Raleigh, N.C.-based Red Hat has been given an AVERAGE rating with a $27 price target. Both prices are higher then either stock is currently trading (as of Friday July 2, 2004)."

Link: internetnews.com


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