The one thing an investor, myself included, should always consider about a stock is to look at the industry sector in which the company operates. For example, many investors are sour on GM and Ford because they see that the large vehicles produced by USA-based auto manufacturers are going to be in less demand due to fuel prices. So one could say that the overall outlook for the automobile industry is uncertain, and coupled with tougher economic times, current owners may choose to keep their used cars longer.
But the fortunes of many other market sectors are not as tied to such economic factors, and I believe the voice and communications market is one such example. Telcos make money when people talk, and therefore voice services are always in demand. Each and every year the voice traffic, in the USA and globally, increases, independent of fuel prices and economic bad news. In fact, the new voice conferencing companies are experiencing double-digit growth year over year, as companies seek to find ways to hold conferences online, and reduce travel expenses.
So, I think our market sector is a good one, and one that will experience growth year after year. That's just the way people are around the world... they like to talk. And with the world markets expanding and even small companies now doing business worldwide, the global voice services market shows no end of growth.
I like our market sector!
