Saturday, April 6, 2013
2 Major Catalysts For Nuance: Carl Icahn And Voice Ads
Anybody following previous articles on Nuance Communications, Inc. (NUAN) knows that the company and stock have been incredibly appealing, yet the scenario never existed to load up on the stock. The company has had a decent growth profile and it has compelling technology, yet the combination hasn't lead to stock returns over the last 18 months due an over reliance on mergers and the accumulation of debt.
The company is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications, and services make the user experience more compelling by transforming the way people interact with devices and systems.
Nuance is famous for being the technology behind the Siri product used by Apple (AAPL), which recently hit 52-week lows. Ironically within the same day reports of two potential catalysts hit the wires that could push the stock higher.
Read the full article at Seeking Alpha.
Disclosure: Long AAPL and MM. Please review the disclaimer page for more details.