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Marketo (MKTO) Shares Surge 10%, Hit New All-Time High on Continued Buyout Speculation

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Marketo (MKTO) Shares Surge 10%, Hit New All-Time High on Continued Buyout Speculation Powered By Docstoc
					                                    Robert DeFrancesco’s
                            Tech-Stock Prospector
January 14, 2014

Marketo (MKTO) Hits New All-Time High on Buyout Speculation

Marketo (MKTO, $44.85) shares today are surging more than 10% and have hit a
new all-time high at $44.87.

The announcement in the middle of last month that Oracle (ORCL) would pay a 38%
premium to acquire Responsys (MKTG, $27) in a $1.5-billion, all-cash deal at $27 a
share renewed chatter that Marketo, a competitor in the cloud-based marketing
automation software space, could be scooped up by a larger vendor as well.

We covered Responsys and Marketo in the December 2013 and January 2014 issues
of Tech-Stock Prospector (TSP #142 & #143).

Since the Responsys acquisition was announced, Marketo shares have jumped 36%.
The company now sports a lofty forward price-to-sales ratio of 13.7, vs. 5.7 for
Responsys at the acquisition price.
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For our 2014 top takeover targets in tech, check out the January 2014 issue of Tech-
Stock Prospector. Download the January 2014 issue to your Amazon Kindle or
Kindle for iPad/iPhone reading app here:
http://www.amzn.com/B004T6Z0ME

Here are some of the topics covered in the January 2014 issue:

*Top potential takeover targets in tech for 2014
*An update on the continued land grab in marketing automation
*How FireEye could spur more cybersecurity M&A
*Might Cisco Systems make a sizable acquisition to help jumpstart growth?
*A small-cap name that’s big in enterprise vulnerability management
*Proofpoint builds its targeted attack prevention business
*New growth drivers for ServiceNow in cloud-based IT management
*Digital-advertising play: Marin Software
*Cornerstone OnDemand stays competitive in talent management
*Qlik Technologies is ready to ride the data visualization wave
*Aruba Networks looks well positioned for the WiFi upgrade cycle
*Adobe Systems continues its move to the cloud
*Behind the big sales force reorganization at Symantec
*Demandware brings the cloud to digital commerce
*Why some savvy money managers like SolarWinds
*Nimble Storage is ready to take on the big legacy vendors
*Wall Street analysts keep boosting their Yahoo price targets
*Is Fortinet primed to execute again after naming a new CFO?
*Deal Report: RetailMeNot sees growth in digital coupons


Order the January 2014 issue of TSP here:
http://www.amzn.com/B004T6Z0ME


Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street.

TechStockProspector.com, launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350.

For more information or to place an order, call 800-392-0998.

				
DOCUMENT INFO
Description: Shares of Marketo are getting bid up as traders look for the next takeover target in the cloud-based marketing automation software segment