This Week's Top Stock Pick
At The Motley Fool, we want to be accountable for our recommendations. Each week I'll make a CAPScall on my profile in Motley Fool CAPS and highlight my pick in Friday's video. This video series may also include updates on previous calls and related news.
In today's video I look at Nuance Communications (NAS: NUAN) . The stock closed last month on a high note after Apple (NAS: AAPL) reported earnings on April 24 that topped the Street's estimates, with extremely strong iPhone sales playing a key role in the jump. Nuance's Siri technology has been a runaway success for Apple's newer phones, and I suspect we'll see more from Nuance in future iProducts. Nuance also has a solid footing in the health-care and mobile industries -- factors that should continue to drive shares higher going forward.
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At the time this article was published Fool contributor Tamara owns shares of Apple and plans to purchase shares of Nuance Communications after the holding period. Follow her on Twitter using the handle @TamaraRutterfor weekly stock picks and other Foolish insights. The Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of Apple and Nuance Communications, as well as creating a bull call spread position in Apple. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.