Best Cheapest Companies For 2015: RingCentral Inc (RNG)
RingCentral, Inc., incorporated on February 9, 1999, is a provider of software-as-a-service (SaaS) solutions for business communications. RingCentral Office, the Companys flagship service, is a multi-user, enterprise-grade communications solution that enables its customers and their employees to communicate through voice, text and fax, on multiple devices, including Smartphones, tablets, personal computers (PCs) and desk phones. The Company also offer RingCentral Professional, primarily an inbound call routing service with additional text and fax capabilities targeting smaller deployments, and RingCentral Fax, an Internet fax service that permits sending and receiving faxes over the Internet.
The Companys solutions have been developed with a mobile-centric approach and can be configured, managed and used from a Smartphone or tablet. The Companys solutions generally use existing broadband connections. The Companys cloud-based business communicati ons solutions provide a single user identity across multiple locations and devices, including smartphone, tablets, PCs and desk phones, and allow for communication across multiple channels, including voice, text and fax. The Company primarily generate revenues by selling subscriptions for our cloud-based services.
The Company competes with Alcatel-Lucent, S.A., Avaya Inc., Cisco Systems, Inc., Mitel Networks Corporation, ShoreTel, Inc., Siemens Enterprise Networks, LLC, Microsoft Corporation, Broadsoft, Inc., AT&T Inc., Verizon Communications Inc., Comcast Corporation, j2 Global, Inc., 8x8, Inc., Google Inc., Yahoo! Inc. and Amazon.com.
Advisors' Opinion:- [By Paul Ausick]
Stocks on the Move: J.C. Penney Co. Inc. (NYSE: JCP) is down 13.9% at $8.97 after a secondary stock offeringthat might have been designed to drive out short sellers. Violin Memory Inc. (NASDAQ: VMEM) is down 21% at $7.11 on a lousy IPOday. RingCentral Inc. (NYSE: RNG) is! up 39.5% at $18.14 on a good IPO day.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/best-cheapest-companies-for-2015.html
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