Sunday, August 19, 2012

Velti: Secular Growth Overwhelms Cyclical Macro Issues

fter reporting earnings on Tuesday morning, Velti (VELT) jumped nearly 12% after beating analyst revenue estimates. Combined with a big gain on Monday, the stock had a nearly 20% two day gain. Amazingly though, it still trades at extremely low valuations.

The company engages in the provision of mobile marketing and advertising technology and solutions for brands, advertising agencies, mobile operators, and media companies around the world.

Read the full article at Seeking Alpha.


Disclosure: Long VELT, CJES, and SODA. Please review the disclaimer page for more details. 




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