Five Winners
Over the last week Jim has named four “hot” stocks. Among them Omniture Inc. (OMTR), InnerWorkings Inc. (INWK), and Riverbed Technologies, Inc. (RVBD) were called “not too hot to buy.” DivX, Inc. (DIVX) was the hot stock worth selling. The first three should be worth owning for the next six to nine months. A fifth stock, Acme Packet, Inc. (APKT), hasn’t started to run as of yet. This company provides session border control, or Internet telephony, and is similar to RVBD. This is not a here today, gone tomorrow company and they have reported four straight quarters of profitability, with massive revenue growth. Along with five analysts that cover it giving “upgrade potential.” With APKT shares lockup expiring April 10 there is still time to run, but the expiration will hurt the stock. This stock is “too cool not to handle, and is far from being too hot.”
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