Consider Selling Nuance Communications
Nuance Communications' near-term outlook faces structural headwinds as customers update their billing agreements with the company from an up-front payment structure to an on-demand structure that's based on usage. As a result, the company is expecting revenues may come under pressure in the near term, but ultimately believes it's in the company's best interest longer term.
Fool contributor Steve Heller argues that it may not be worth waiting until these headwinds subside because it's a big unknown when that might be. Taking his own advice, Steve is currently considering what to do with his personal Nuance stake. Check out the video below to hear why you should considering selling your Nuance shares.
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The article Consider Selling Nuance Communications originally appeared on Fool.com.Fool contributor Steve Heller owns shares of Apple, Google, Intel, and Nuance Communications. The Motley Fool recommends Amazon.com, Apple, Ford, Google, Intel, and Nuance Communications. The Motley Fool owns shares of Amazon.com, Apple, Ford, Google, Intel, and Nuance Communications. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.