It’s not an all time high, but I have been long NUAN for some time and it is exploding to the upside. Here is the 5-year chart . The category leader on Wall Street is completely undiscovered. It is up over 30 percent this year.
They are now using their stock to make accretive acquisitions . What strikes me about the BeVocal acqusition is Nuance’s take on next year growth – 300-400 percent top-line. I take that with a grain of salt because it is coming from the home team, but I am happy to be long the leader as they sneak up on the world.
Disclosure – Long NUAN
Nuance’s future may also depend on how well Vista is received since Vista ships with a voice recognition engine by default.
Nuance’s technology is superior though.
Amit
Years ago it was a bout dragon and IBM and Microsoft.
while they have all wated their money on this space, Nuance has been buying up relevant speech recognition businesses for mobile and corporate america and should dominate.