Vonage Holdings Corp. (NYSE:VG)
CAPS Rating:
The Company is a provider of broadband Voice over Internet Protocol services to residential and small and home office customers.
The Company is a provider of broadband Voice over Internet Protocol services to residential and small and home office customers.
Recs
Investors should consider selling puts. You can achieve some very high annualized returns at strikes significantly below the current price. e.g.
Mar13 $2 strike, at 10¢, has 21% discount and 21% annualized return.
Expired profitably, VG @ $2.85, far above strike.