Home > Resources > Blog
Date posted: 4th November 2015
Understanding 3rd Platform Companies by examining their business model, executive management and disruptive technology products can prove to be daunting task for those of us not in the IT business, or for those in IT but with limited time to perform research.
I have decided the share my valuable experience from over thirty years of management and investment market expertise specific to stocks in the IT sector. At Netfast we are talking to customers, equipment vendors and end-users of new technologies on a daily basis. This ensures we have the most up-to-date information about new stocks that are worth investing in rather than the same old news you receive from major financial media outlets.
I focus my investments and will focus our recommendations on companies where I understand their unfair competitive advantage and the underlying technologies that create those advantages. This has led my portfolio over the past ten years to beat the average hedge fund manager return of 22%. This is in addition to Apple and Amazon who have had 100%+ returns in my portfolio.
One great example is when I bought Palo Alto Networks (PANW) stock in Nov 2013 for $40 and it is now trading at $166, a whopping 315% increase in 2 years!
While I do not guarantee my recommendations will produce the same results for you, I hope that our research picks help shed some light on information technology stocks from companies offering unique disruptive technologies in the marketplace.
Netfast IT Stock Research – Our Research Pick for 11/4/2015 is…
RingCentral (RNG)
RingCentral, Inc. (www.ringcentral.com) offers a Unified Communications-as-a-Service (UCaaS) platform for the SMB market segment. RingCentral’s core offering is RingCentral Office which provides an easy-to-deploy solution for migrating phone and collaboration systems to the cloud with “out-of-the-box”integration to popular applications such as Office365 and Salesforce CRM. The past decade has seen many SMB migrate from traditional analog phones over to VOIP and Unified Communications (UC) with the traditional on-premises UC vendors such as Cisco and Avaya gaining much of the market share.
However many customers especially those in the SMB segment are concerned with the expense, complexity, licensing terms and hardware requirements of on-premises Unified Communications. This leaves the market open for RingCentral to replace these “traditional UC” environments with a cloud service that drives lower cost of implementation and lower recurring operating costs. RingCentral in the cloud also enables mobility and BYOD productivity gains in the work place by eliminating the need to maintain connection to the on-premises environment.
Because the UCaaS market offers significant advantage over entrenched vendors and is growing rapidly I expect growth potential from the company and the stock. As of today RNG is currently trading at $22 and has a market cap of $1.56B. I believe RNG can easily cross the $30 price target in 2016.
We recommend RNG as a strong-buy.
Come back again next week for the next Netfast IT Stock Research Pick…
About Netfast Technology Solutions:
Netfast (www.netfast.com) is an IT Services Company providing Cloud Managed Services to enable its customers to focus on key strategic business initiatives, create competitive advantage, drive business growth and improve the profitability of their business.
About Author:
Joe Asady is the Founder and Chief Executive Officer of New York City based Netfast Technology Solutions Inc. Joe is a successful serial entrepreneur, who has created 13 companies in Information Technology, E-commerce, Media, Real Estate, Retail and International Trade in US (Dallas, San Francisco, New York), Europe (Amsterdam) and Asia (Bangalore, Dubai).
Disclaimer:
Netfast IT Stock Research is produced and distributed by Netfast Technology Solutions, Inc (www.netfast.com) an IT and cloud managed services provider with physical location at 989 Avenue of the Americas, 4th Floor New York, NY 10018. The employees and directors of Netfast Technology Solutions, Inc are not registered investment advisors and as such, the recommendations covered in Netfast IT Stock research reports are opinions and personal beliefs of the analysts and experts that are writing such reports. It is possible that Netfast Technology Solutions, Inc or its directors may have a position with stocks of funds discussed within this site or in correspondence sent to subscribers. We will make reasonable attempts to disclose editorial conflict of interest where possible.
The information received by readers is for their personal use. Investing involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. Nothing contained herein should be construed as a warranty of investment results. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation.