All Eyes On These Audio and Tech Stocks: This Week’s Recommended Buys
J. Frank Sigerson | Nov 27, 2014 06:52AM ET
Audio, visual, and technological innovations are some of the most exciting trends in various sectors today. How they manage to work well together with other industries is a feat in itself, and are breaking down the barriers of how traditional companies do business. Take, for example, the marriage of wearable tech and fashion, and the new products that they can come up together. Or the fusion of AV and the medical world, that translates into new instruments that can further research or treatment of diseases.
It’s a digital disruption unlike no other, and one that can see you through a good run in the market if you’re looking for something to bank on. Here are some strong audio and tech stocks that you might want to consider this week:
1. Google Inc. (NASDAQ:GOOG))
Much has been said about Google’s recent acquisition of Songza earlier this year for $39 million. as “the YouTube for the spoken word,” AudioBoom has recorded more than eight million listens on their website to date, and is predicted to only get higher due to the company’s partnership with several big media names such as the BBC, NPR, SkySports, and more.
The company’s stocks closed at $12.83 on 26 November. AudioBoom has a market capitalization of $68.88M.
(All stock share prices based on data from Google Finance.)
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