We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's Why Ooma (OOMA) is a Promising Pick for Investors
Read MoreHide Full Article
Shares of Ooma, Inc. (OOMA - Free Report) have returned 33.7% in the past six months compared with 30.6% growth of the industry. Currently, the stock carries a Zacks Rank #2 (Buy) and has a VGM Score of B.
This Sunnyvale, CA-based company delivered a trailing four-quarter earnings surprise of 163.7%, on average. The Zacks Consensus Estimate for its current-year earnings has been revised 21.7% upward over the past 30 days.
Growth Drivers
Ooma creates powerful connected experiences for businesses and consumers, delivered from its smart cloud-based SaaS platform. The company continues to benefit from growth in business subscription services. Its innovative smart security solution delivers a range of wireless security sensors.
For businesses, Ooma provides advanced voice and scalable collaboration features. For consumers, Ooma’s residential phone service provides PureVoice HD voice quality, advanced functionality and integration with mobile devices. The company offers Direct Routing for Microsoft Teams through a global data network.
Ooma expanded its business services to address larger customers and has started rolling out to new countries in Europe. Positive market trends, along with Ooma’s strategy to serve small and large businesses with unique solutions, are expected to drive growth.
Aviat Networks delivered a trailing four-quarter earnings surprise of 61.7%, on average.
Plantronics delivered a trailing four-quarter earnings surprise of 560.4%, on average.
Ubiquiti delivered a trailing four-quarter earnings surprise of 37.1%, on average.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.
Image: Bigstock
Here's Why Ooma (OOMA) is a Promising Pick for Investors
Shares of Ooma, Inc. (OOMA - Free Report) have returned 33.7% in the past six months compared with 30.6% growth of the industry. Currently, the stock carries a Zacks Rank #2 (Buy) and has a VGM Score of B.
This Sunnyvale, CA-based company delivered a trailing four-quarter earnings surprise of 163.7%, on average. The Zacks Consensus Estimate for its current-year earnings has been revised 21.7% upward over the past 30 days.
Growth Drivers
Ooma creates powerful connected experiences for businesses and consumers, delivered from its smart cloud-based SaaS platform. The company continues to benefit from growth in business subscription services. Its innovative smart security solution delivers a range of wireless security sensors.
For businesses, Ooma provides advanced voice and scalable collaboration features. For consumers, Ooma’s residential phone service provides PureVoice HD voice quality, advanced functionality and integration with mobile devices. The company offers Direct Routing for Microsoft Teams through a global data network.
Ooma expanded its business services to address larger customers and has started rolling out to new countries in Europe. Positive market trends, along with Ooma’s strategy to serve small and large businesses with unique solutions, are expected to drive growth.
Other Key Choices
Some other top-ranked stocks in the broader industry are Aviat Networks (AVNW - Free Report) , Plantronics and Ubiquiti (UI - Free Report) , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Aviat Networks delivered a trailing four-quarter earnings surprise of 61.7%, on average.
Plantronics delivered a trailing four-quarter earnings surprise of 560.4%, on average.
Ubiquiti delivered a trailing four-quarter earnings surprise of 37.1%, on average.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.
Click here for the 4 trades >>