With the market resuming an uptrend Monday, investors can
again buy stocks. Besides bases, investors can look for secondary
buy points to add shares or in some cases initiate a new
J2 Global (
) is bouncing back from a test of its 10-week moving average. It
pulled back to the key support line in light volume -- a
positive. The stock has already topped last week's high, but big
turnover has yet to come in. The stock cleared a 10-week base in
The stock is a bit on the thin side, trading about 300,000
shares per day on average.
Los Angeles-based J2 Global provides cloud services such as
online faxing, email marketing and online data backup. It also
provides digital media services through its Ziff Davis unit.
J2 Global has posted higher earnings and sales each year since
2003. It has a five-year Earnings Stability Factor of 5,
indicating a rock-solid stream of income.
Last month, the company posted a 19% gain in Q2 profit and a
58% jump in revenue. Top-line growth has now accelerated for four
The company's full-year earnings are slated to grow 8% to
$2.90 a share, according to analysts polled by Thomson
J2 Global is relatively new to paying shareholder dividends.
It paid its first quarterly cash dividend in September 2011 and
has since raised its payout eight times in baby steps. The
company last raised its dividend by 3.1% to a quarterly rate of
24.75 cents a share in August. On an annual basis, J2 pays 99
cents a share, which works out to a yield of about 2%.
Although J2 has one of the lowest yields in the Telecom
Services-Cable/Satellite group, it has the highest Composite
Rating of 95.