Polycom a buy at this price
Polycom, Inc. (PLCM ) develops, manufactures and markets a full range of high-quality, media-rich communication tools and network solutions. The company's broadband communication solutions enable business users to immediately realize the benefits of video, voice and data over rapidly growing converged networks. The company is the leading video conferencing and voice conferencing product provider and have recently entered the DSL access market, particularly in the area of integrated voice appliances and broadband access devices.
The are in middle of the cloud based technology and have recently entered into agreements with Samsung, RIM, Microsoft and Apple to provide technical solutions to be used in those companies products.
Factors to Consider:
Barchart Technical Indicators:
1 - 80% Barchart technical buy signals
2 - Trend Spotter buy signal
3 - 4 new highs and up .62% in the last month
4 - Relative Strength Index 60.90% and rising
5 - Trades around 60.14 with a 50 day moving average of 54.76
Jim Van Meerten is a Marketocracy Master