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NICE Up 9% in a Month: How Should Investors Play the Stock?

Benzinga LogoBenzinga10h ago

NICE Up 9% in a Month: How Should Investors Play the Stock? - Benzinga

Quick Summary:

Robust Portfolio Boosts NICE's Prospects

NICE's policy of frequently updating its portfolio has been a key catalyst as it helps in fending off competitors from other industry players like Five9 (NASDAQ: FIVN), Salesforce and 8X8 (NASDAQ: EGHT).

NICE's continuous investments in the global expansion of its cloud platform will help its aim of reaching 75% cloud gross margin in the next three to five years, which reflects the benefits of an innovative portfolio.

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NICE Up 9% in a Month: How Should Investors Play the Stock? - Benzinga (Picture 1)

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Article Details

Author / Journalist: Zacks

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 18:42:38 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 807 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21667204

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 40 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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