by winston » Thu Aug 09, 2018 8:55 pm
not vested
IT'S A BULL MARKET IN CLOUD COMPUTING
Today, we see a company that's riding a fast-growing trend...
According to research firm Gartner, the cloud-computing market will be worth[b] $411 billion by 2020 (nearly double what it was worth in 2016). [/b]
This technology helps deliver computing services over the Internet. And like many game-changing tech trends, it offers huge potential for investors. Today's company is a perfect example...
RingCentral (RNG) provides cloud-based communications for businesses. Its products help employees communicate effectively, no matter where they are.
Workers can use the same system for calls, texts, online meetings, and even faxes. RingCentral says it uses the cloud to help businesses do more while reducing costs. And more businesses are buying in...
RingCentral just posted second-quarter sales of $161 million, 34% higher than the same quarter last year.
As you can see in the chart below, RNG has more than doubled over the past year. As long as businesses continue to rely on RingCentral's cloud-based solutions, this company should see more success in the future...
Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"