BMC Software (BMC) breaks out
Shares of BMC Software (BMC) broke out on Friday after it beat analyst's expectations for the fourth quarter. Revenue rose 11.3% to $466.9 million, topping the Street's expectations of $460.3 million. Net income jumped 54.5% to $97 million. Excluding special items, EPS was 63 cents. Analysts were looking for EPS of 51 cents.

With a new FusionIQ timing BUY signal and a point and figure target of $ 62.00 BMC clearly offers good return potential.


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