The share price of NetApp (NTAP) has lost half of its value during the last one-year period due to investors weighing more the risk of further revenue falls resulting from tougher competition. Another, more recent fear includes the economic downturn resulting from confinement and social distancing measures.
Figure 1: NTAP stock downside
However, this is a company whose products are still in demand, and it is not only competitive positioning with regards to the strategic all-flash storage product category and increasing top-line which matter in a period of economic downturn, but also