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Will Zuora (ZUO) Continue Up the Comeback Trail?

Will Zuora (ZUO) Continue Up the Comeback Trail?

Posted On July 12, 2019 1:00 pm
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Zuora (ZUO)  “provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business.”

Basically, Zuora helps legacy businesses move from a single sale to what in the software world is known as a ‘software as a service” or SAAS model.  It worked for huge companies like Microsoft (MSFT) and Adobe (ADBE) and I imagine it is working for many smaller companies that need 3rd party back end support.  This is a hot trend, and the company is acquiring new business at a rapid pace with year-over-year revenues growing 47%+ over the past six quarters.

Then… Continue reading at StockNews.com

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Steve Smith
Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.

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