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March 20, 2013

SpeculatingStocks.com Stock Pick: Model N, Inc. (MODN)

Stock Price: $19.98


Model N, Inc. is a cloud based revenue management software company with a focus on solutions for pharma, medical and high tech customers.

MODN has a product known as Field ImpACT, a revolutionary cloud solution designed foor pharmaceutical sales with timely and actionable market intelligence.

The company has been around for 13 years, yet just held its initial public offering on March 20th. Shares sold at the top end of their IPO pricing at $15.50 and traded as high as $22.25 before closing at $19.98, making their IPO a success.

Revenue came in at $84.26 million for 2012. With global customers like Boston Scientific, Bristol-Myers Squibb, Dell, Johnson & Johnson, Merck, Nokia, Novartis and others, we believe that MODN will continue to grow top line revenue for the long run and continue to develop solutions to take market share.

Speculative Score: 3

1 Being the Least Speculative and Most Confident

10 Being the Most Speculative and Possibly the Most Risky

 

 
     
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