25 Tech Stocks to Own Before You’re 50

25 Tech Stocks to Own Before You’re 50

Web.com Group is up 1.2% in midday trading. The most recent market cap is 1.231B – which is based on yesterday’s close.

Company: Web.com Group
Symbol: WWWW
Latest Trade: 25.61 (when published)
Percent Increase: 1.2%

After weeks and weeks hovering less than $17, this stock decided to start moving up and up. When you look at it today it as totally secured $25.

Why? It has nothing to do with your age, but to understand it realize that they are a huge part of what those over seventy call “tha’ computer.”  With domain services, web sites, mobile web sites and so much more, they are huge. And so is their revenue:
“Total revenue, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $115.5 million for the first quarter of 2013, compared to $91.5 million for the first quarter of 2012. Non-GAAP revenue was $128.1 million for the first quarter of 2013, up 7% on a year-over-year basis and above the high end of the company’s guidance range of $126.5 million to $128.0 million.”

Now – even with all of that revenue – they had a bit of a loss going:

“GAAP net loss from continuing operations was $46.5 million, or ($0.97) per diluted share, for the first quarter of 2013, including a $19.5 million charge for a loss related to debt extinguishment. GAAP net loss from continuing operations was $29.8 million, or ($0.65) per diluted share, in the first quarter of 2012. Non-GAAP net income from continuing operations was $24.5 million for the first quarter of 2013, or $0.48 per diluted share, up 37% on a year-over-year basis and above the company’s guidance of $0.44 to $0.46 per diluted share. The Company had non-GAAP net income of $17.2 million, or $0.35 per diluted share, for the first quarter of 2012.”

Is it a buy? I like the chart and think of it as more of a trader. 

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