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Hot Gainers: Polycom Inc (NASDAQ:PLCM), Stillwater Mining Company (NYSE:SWC), Vonage Holdings Corp. (NYSE:VG)

 
 
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Lakeway, NY -- (SBWIRE) -- 03/07/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Polycom Inc (NASDAQ:PLCM) shares gained 3.47% to $9.54. The company, on Feb. 27, unveiled the Polycom VVX 300 and Polycom VVX 400 Business Media Phones designed to improve productivity and facilitate collaboration for office and cubicle work environments such as call centers, front desks and administrative and corporate offices.

Additionally, the company, on Mar. 4, announced that it has been recognized as a Smart Work Excellence Company by Korea's Ministry of Public Administration and Security (MOPAS) and National Information Society Agency (NIA).

Is PLCM a Strong Buy After The Recent Gain? Let’s Find out Here

Stillwater Mining Company (NYSE:SWC) shares climbed 3.45% and closed at $12.59. The company, on Feb. 28, reported 2012 net income of $55.0 million, or $0.46 per diluted share, on revenues of $800.2 million, compared to net income attributable to common stockholders of $144.3 million, or $1.30 per diluted share, on revenues of $906.0 million in 2011.

Additionally, J.P. Morgan on Mar. 4 reiterated its Overweight rating and $19.00 price target on Stillwater Mining Company.

Is SWC a Strong Buying Opportunity After The Recent Slump? Find out Here

Vonage Holdings Corp. (NYSE:VG) shares gained 3.44% to $2.71. The company, on Feb. 13, announced that it has entered into an agreement to form a joint venture with Brazilian-based Datora Telecom to deliver communications services in Brazil. Brazil represents a substantial opportunity for Vonage and Datora, with 67 million total households, 17 million broadband households(1), and more than one million expats.

Additionally, the company also announced results for the fourth quarter and full year ended December 31, 2012. Fourth quarter GAAP net income was $13 million or $0.06 per share, flat sequentially, and down from GAAP net income of $350 million or $1.55 per share in the year ago quarter. Revenue totaled $214 million, up from $208 million sequentially due to targeted price increases and higher Universal Service Fund ("USF") and international pay-per-use revenue.

Should Investors Consider VG After The Recent price Action? Get Free Trend Analysis Here

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