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Shares of Vonage Holdings (NYSE:VG) rose 21.3% in 2016, according to data from S&P Global Market Intelligence.
The year didn’t start out on a great note. By the middle of May, share prices had plunged 33% lower year to date due to two lackluster earnings reports and one dilutive acquisition.
The tune changed in June, when the U.S. Court of Appeals supported the FCC’s open-internet rules in a strongly worded ruling. The concept of net neutrality is a key pillar of Vonage’s internet-based communications business, so the court’s decisive ruling was widely seen as a victory for Vonage and other companies with similar bandwidth-hungry business models.
The June event launched Vonage into a steady recovery that continued for the rest of the year. By the end of 2016, the $230 million Nexmo acquisition had started to bear fruit giving Vonage a multimedia communications platform beyond its old bread-and-butter voice services. The decision to shut down an unprofitable set of consumer-centric services to focus exclusively on business-grade contracts is already paying dividends.
Top 5 Clean Energy Stocks To Own For 2018: LeMaitre Vascular, Inc.(LMAT)
- [By Monica Gerson]
The list of below stocks is notable as the shares have traded on sequentially increasing volume spanning the trading days from September 16 to September 20:
- [By Lisa Levin]
In trading on Thursday, healthcare shares rose by just 0.6 percent. Meanwhile, top losers in the sector included LeMaitre Vascular Inc (NASDAQ: LMAT), down 5 percent, and pSivida Corp. (NASDAQ: PSDV), down 3 percent.
Top 5 Clean Energy Stocks To Own For 2018: Dave & Buster's Entertainment, Inc.(PLAY)
- [By Nicholas Rossolillo]
Dave and Buster’s Entertainment (NASDAQ:PLAY) is unique in that it’s part restaurant, part gaming establishment. On the food side, the chain touts American gastro-pub style cuisine and an extensive bar, but the experience is what really sets Dave and Buster’s apart. Who says arcades are only for kids?
- [By WWW.THESTREET.COM]
All is not lost for retail, however. Cramer continued to recommend the closeout and discount chains like TJX Stores (TJX) , Ollie’s Bargain Outlet (OLLI) and Burlington Stores (BURL) . He was also bullish on those who cater to the millennials, like Six Flags (SIX) , Dave & Busters (PLAY) and Foot Locker (FL) , where trying on shoes never seems to go out of style.
- [By Lisa Levin]
Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) shares were also up, gaining 17 percent to $56.39 after the company reported stronger-than-expected results for its third quarter and boosted its full year net income guidance.
Top 5 Clean Energy Stocks To Own For 2018: American Capital Agency Corp.(AGNC)
- [By Amanda Alix]
This development will likely give battered mREITs like Annaly Capital (NYSE: NLY ) , Armour Residential (NYSE: ARR ) , and American Capital Agency (NASDAQ: AGNC ) a huge boost as investors begin to feel less panic regarding a tapering of the current QE3 program. Markets have responded to the Summers announcement by soaring skyward, apparently feeling relief and confidence about the fate of the taper.
- [By Boniface Murigu]
It’s no secret that mREITs such as American Capital Agency (NASDAQ: AGNC ) (NASDAQ: AGNC ) (NASDAQ: AGNC ) , Annaly Capital Management (NYSE: NLY ) (NYSE: NLY ) (NYSE: NLY ) ,and CYS Investmentshave gone through a very turbulent trading period, with all major players losing a sizable share of market value.
- [By Amanda Alix]
It was just about one year ago that QE3 made its debut, and mortgage REITs, particularly agency-only players like Annaly Capital (NYSE: NLY ) , Armour Residential (NYSE: ARR ) , and American Capital Agency (NASDAQ: AGNC ) began moaning about the increased competition for mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.
Top 5 Clean Energy Stocks To Own For 2018: Fortress Investment Group LLC(FIG)
- [By Dan Caplinger]
The stock market continued to climb sharply on Wednesday, sending major market benchmarks to record highs yet again and propelling the Dow Jones Industrials up more than 100 points. Economic data continued to support the notion that the U.S. economy remains strong, and rising inflation levels led many to conclude that the Federal Reserve is more likely than ever to follow through on its promise to keep lifting short-term interest rates in 2017. Rising bond yields reflected investors’ reluctance to hold onto fixed-income investments in anticipation of higher rates, prompting some to shift assets into the stock market. Several companies also reported, andFortress Investment Group (NYSE:FIG), Editas Medicine (NASDAQ:EDIT), and Hertz Global Holdings (NYSE:HTZ) were among the top performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.
Top 5 Clean Energy Stocks To Own For 2018: Baidu Inc.(BIDU)
- [By Joe Tenebruso]
Netflix also just recently made inroads into the biggest international market of them all: China. It agreed to a licensing deal with iQiyi, Baidu’s (NASDAQ:BIDU) video streaming service. iQiyi is the most popular video streaming platform in China, with 500 million monthly viewers for its free service and 20 million paid subscribers. And while the terms of the deal were undisclosed, Netflix no doubt stands to benefit from the brand exposure that gaining access to iQiyi’s massive user base will provide.
- [By Leo Sun]
In late February, Baidu’s (NASDAQ:BIDU) videostreaming subsidiary iQiyi raised $1.53 billion in fresh funds to compete more effectively with rival sites. Hillhouse Capital, IDG Capital, Sequoia Capital, and Baidu all purchased the newly issued convertible bonds, and Baidu disclosed that it had invested $300 million.
- [By Leo Sun]
Tech giant Baidu (NASDAQ:BIDU) owns China’s largest search engine and mapping platform, the popular video site iQiyi, and links it all together with a vast ecosystem of internet and cloud-based services.
- [By Stark Merrifield]
To capitalize on the U.S.’ strong trade relationship with China, Fitz-Gerald suggests looking at companies like Alibaba Group Holding Ltd. (NYSE: BABA), “which dominates Chinese e-commerce the way Amazon.com Inc. (Nasdaq: AMZN) does in the United States,” or Baidu Inc. (Nasdaq: BIDU), which “mirrors Alphabet Inc. (Nasdaq: GOOGL).”