ALERT: Added a FULL position in J2 Global Inc. at $75.10
LOW VALUATION ON J2 GLOBAL AT $75.10 (JCOM-US) J2 Global, Inc. is a provider of Internet services. The Company operates through two segments: Business Cloud Services and Digital Media. The Company's Digital Media Division specializes in the technology and gaming markets.
JUSTIFICATION JCOM isn’t a well-known technology company but its earnings history show that it’s an investment worth consideration. In the last 20 years, the company has consistently produced quality earnings, even through the credit crisis in 2008. We like the low PE multiple, the growing dividend and the healthy balance sheet. The consensus target of the 8 analysts that follow it is $97.00 with 4 at Moderate Buy and 3 at Strong Buy. The Purple Chips 12 -18 month target is $92.00.
