Monday, September 12, 2011

Stamps.com breaking out to new highs...

Stamps.com (STMP) provides internet-based postage solutions and has been in an uptrend since it announced earnings at the end of July. The company upped guidance for 2011 to GAAP net income of $.87-$1.07/share and revenue of $90 to $100 million. The company's balance sheet is strong with no debt and a current ratio of 3.23.

STMP could benefit in the long-term from any USPS cuts in local offices or hours.

No comments: