Boxlight Corporation (BOXL - Free Report) yesterday announced that it has acquired three LAN-based screen-sharing patents and one pending patent application from Circle Technology.
These acquisitions are part of the company’s software strategy and have been made with a view to enhance protection around its education-software solutions. The move makes sense as protecting wireless screen sharing has become important amid increasing adoption of one-to-one student devices.
Protection of its solutions should increase Boxlight’s confidence in business and help it increase focus on revenue-generating opportunities such as licensing.
Hank Nance, COO at Boxlight, stated, "Collaboration between teachers and students on front-of-classroom visual devices, and collaboration between students on their one-to-one devices, is an increasingly important part of the classroom." "Our recent efforts on software development have an emphasis in this area, and I am pleased to know we can go forward as an industry leader with strong IP protections in place," he added.
Notably, shares of Boxlight have gained 24.5% over the past six months, compared with 77.8% rally of the industry it belongs to and 23.2% growth of the Zacks S&P 500 composite.
Zacks Rank and Key Picks
Currently, Boxlight has a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the broader Zacks Business Services sector are CoreLogic , Republic Services (RSG - Free Report) , Elastic N.V. (ESTC - Free Report) . While CoreLogic sports a Rank #1 (Strong Buy), Republic Services and Elastic stocks carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The long-term expected earnings per share (three to five years) growth rate for Republic Services, CoreLogic and Elastic is 7.9%, 12% and 26%, respectively.
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A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Boxlight Corporation (BOXL - Free Report) yesterday announced that it has acquired three LAN-based screen-sharing patents and one pending patent application from Circle Technology.
These acquisitions are part of the company’s software strategy and have been made with a view to enhance protection around its education-software solutions. The move makes sense as protecting wireless screen sharing has become important amid increasing adoption of one-to-one student devices.
Protection of its solutions should increase Boxlight’s confidence in business and help it increase focus on revenue-generating opportunities such as licensing.
Hank Nance, COO at Boxlight, stated, "Collaboration between teachers and students on front-of-classroom visual devices, and collaboration between students on their one-to-one devices, is an increasingly important part of the classroom." "Our recent efforts on software development have an emphasis in this area, and I am pleased to know we can go forward as an industry leader with strong IP protections in place," he added.
Notably, shares of Boxlight have gained 24.5% over the past six months, compared with 77.8% rally of the industry it belongs to and 23.2% growth of the Zacks S&P 500 composite.
Zacks Rank and Key Picks
Currently, Boxlight has a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the broader Zacks Business Services sector are CoreLogic , Republic Services (RSG - Free Report) , Elastic N.V. (ESTC - Free Report) . While CoreLogic sports a Rank #1 (Strong Buy), Republic Services and Elastic stocks carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The long-term expected earnings per share (three to five years) growth rate for Republic Services, CoreLogic and Elastic is 7.9%, 12% and 26%, respectively.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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