|Bid||0.00 x 2900|
|Ask||0.00 x 1000|
|Day's range||11.81 - 12.07|
|52-week range||4.31 - 14.37|
|Beta (5Y monthly)||2.12|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Glu Mobile (NASDAQ: GLUU) and Sierra Wireless (NASDAQ: SWIR) have delivered impressive -- if somewhat volatile -- gains since the market crash in late February and early March, and these two growth companies are likely to sustain their momentum thanks to a solid set of catalysts working in their favor. Both companies still have relatively low share prices despite their recent rallies, with Glu Mobile trading around $8 a share and Sierra Wireless trading around $12. Glu Mobile's stock price rally came to a halt in August after the company's second-quarter earnings report fell short of Wall Street estimates.
Sierra Wireless (NASDAQ: SWIR) is a pure-play Internet of Things (IoT) company that has been trying to pivot its business from a hardware-focused model to a software- and services-focused one. While that shift is showing promising signs in the form of higher margins and recurring revenue growth, the company is also targeting the nascent 5G wireless market to accelerate its turnaround. The IoT specialist has taken the plunge into 5G with a new set of products, and management says that more are on the way.
Sierra Wireless (NASDAQ: SWIR) was a hot Internet of Things (IoT) play a few years ago, delivering impressive double-digit revenue growth and setting the stock market on fire thanks to its laser-like focus on a nascent but fast-growing market. As a pure-play IoT company, Sierra looked all set to switch into a higher gear in 2017 as it struck partnerships with notable companies such as Volkswagen. Sierra Wireless has given investors a few reasons to cheer of late.