Top 10 Stocks To Own For 2014: LogMein Inc.(LOGM)
LogMeIn, Inc. provides on-demand, remote-connectivity, collaboration, and support solutions to small and medium-sized businesses, information technology (IT) service providers, mobile carriers, and consumers in the United States and internationally. Its services include remote user access services, which allow users to access computers and other Internet-enabled devices to continue working while away from the office or to access personal systems while away from home; remote support and management services to deliver support and management of IT resources remotely; and remote collaboration to conduct online meetings and share documents, images, and their desktop with other users. The company?s remote user access services comprise LogMeIn Free, a free remote access service, which provides secure access to a remote computer or other Internet-enabled device; LogMeIn Pro, a remote access service; LogMeIn Hamachi, a hosted virtual private network service; and LogMeIn Ignition, a service that delivers access to remote computers that subscribe to LogMeIn Free or LogMeIn Pro. Its remote support and management services consist of LogMeIn Rescue, a Web-based remote support service to support remote computers and applications, and assist computer users via the Internet; LogMeIn Rescue+Mobile, an add-on of LogMeIn Rescue?s Web-based remote support service to remotely access and support smartphones and tablet computers; LogMeIn Central, a Web-based management console; and LogMeIn Backup, a service that subscribers install on two or more computers to create a backup network. The company?s remote collaboration services include join.me and join.me pro, which are browser-based online meetings and screen sharing services. LogMeIn, Inc. has a strategic agreement with Intel Corporation. The company was formerly known as 3am Labs, Inc. and changed its name to LogMeIn, Inc. in March 2006! . LogMeIn, Inc. was founded in 2003 and is headquartered in Woburn, Massachu se tts.
Advisors' Opinion:- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense and which ones investors should act on. Today, our headlines feature upgrades for mini-industrialist Stratasys (NASDAQ: SSYS ) and for remote computer access specialist LogMeIn (NASDAQ: LOGM ) but a downgrade for publicly traded soccer club Manchester United (NYSE: MANU ) . Let's take them one at a time, beginning with...
- [By Rich Smith]
Remote-access software maker LogMeIn (NASDAQ: LOGM ) reported strong Q1 earnings Thursday evening, beating analyst estimates on both profits and revenues, and guiding investors to expect higher-than-consensus earnings for both Q2 and the full year. LogMeIn said it earned $0.12 per share in the fiscal first quarter, will earn $0.11 to $0.12 in Q2, and keep on that track, with about $0.48 per share at the midpoint of guidance for the year.
source from Top Stocks Blog:http://www.topstocksblog.com/top-10-stocks-to-own-for-2014.html
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