Three Tech Stocks Kicking Off 2013 with a Bang
LONDON, February 4, 2013 /PRNewswire/ --
Banks and Home Builders have faired to be the winners of 2012 with gains upwards of 50% for the 2nd half and entire 2012 calendar year respectively. However closing the year off and the introduction to the 2013 calendar year has to go to the techs.
Akami Technologies (NASDAQ: AKAM) is looking at approximately 30% closing out 2013 and introducing the 2013 calendar year. Agreements with AT&T, Acquisition of Verivue, and the "Best place to work in 2013" can only be a few of the reasons for investors ROI over the past 60 calendar days. Earnings are due out tomorrow so this is definitely one to keep on your watch list for at least the next 48 hours.
MEDL Mobile, Fountain City, California based mobile app company announced the beta launch of their latest creative brainchild today and it is absolutely phenomenal. Dubbed Hang w/, the platform allows real-time live video to be sent from one phone to many phones at the same time. It is the first live mobile broadcast service for fans and celebrities. Hang w/ followers will view a short ad and then go directly to live feed from the celebrity smartphone. Another advertisement ends the broadcast. Those broadcasting earn a percentage of the revenue generated based upon the number of followers who are "hanging w/" them.
Limited public investment opportunities exist in the mobile monetization arena. Competitor Glu Mobile (NASDAQ: GLUU) is an option, but clearly does not offer the spectrum of services to clients that smaller MEDL offers nor does it have the library of app options that MEDL has built and continues to build. Gluu has a market cap of $158.93 million as opposed to MEDL's $9 million market capitalization, yet MEDL has left the larger company in the dust as far as growth rate and options for consumers. Millennial Media, Inc., another mobile advertising company, has 100 times the market cap of MEDL yet has not experienced nearly the growth that MEDL has this past year.
Another approximate 25% gainer over closing out 2012 and opening 2013 was VeriSign, Inc. (NASDAQ: VRSN). VeriSign gets a fee every time somebody registers a domain name and more than five million domains have been added to the internet in the third quarter of 2012 alone. An increase of 2 percent over the previous quarter. Just 60 days ago, the Commerce department extended its contract to manage the registry for another six years. The mean opinion is a "hold" on the stock, but keep an eye on it as more ideas equal higher profits. And we are betting on global innovation.
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