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[February 28, 2013]
Motley Fool likes Teradata
Feb 28, 2013 (Dayton Daily News - McClatchy-Tribune Information Services via COMTEX) -- Financial news web site The Motley Fool has named Teradata, which has its administrative headquarters in Miami Twp, No. 2 on its 2013 list of the best 25 companies in America.
Motley Fool cites employee and client satisfaction with the company, which helps customers gather data from an array of sources in order to make smarter business decisions. But the site also noted the company's list of tools, software and customers.
"NCR granted Teradata its independence 20 years after its (initial public offering), in 2007, and customers have come knocking in increasing numbers since," Motley Fool said in its citation Wednesday. "Not only is Wal-Mart still a client, but 25 organizations including Apple, Dell, and Verizon now trust more than a petabyte -- equal to 1 million gigabytes -- of sensitive corporate data to Teradata systems." More than 1,300 customers use Teradata software today, Motley Fool reported.
Wall Street has generally liked the company as well, although its shares (NYSE: TDC) have seen some pressure in recent months. In the last six months, TDC has fallen from $76.27 a share to Wednesday's close of $58.38. Derrick Woods, an industry analyst with Susquehanna Financial Group, in a note to investors earlier this month urged them to nevertheless buy the company "on weakness." "We think fundamentals remain sound with no material change in competitive dynamics, product quality or sales force stability," Wood wrote.
Since the company went public, shares of Teradata have more than doubled, Motley Fool noted.
To reach No. 2 on the list, Teradata beat Google, IBM and other household names among big corporations.
Teradata has about 450 employees in Miami Twp.
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