Helix Investment Research
Long only, special situations, contrarian, growth

Carbonite: Preventing Data Disasters And Creating Profits For Investors

Carbonite (NASDAQ:CARB), one of the leading data backup companies, is set for a banner 2013, with record sales forecast for the year, as well as a continuation of narrowing losses. As Carbonite moves further into the burgeoning small business cloud computing market, we believe that the company will be able to further increase its customer and revenue base, thereby leading to. Backed by a strong balance sheet, Carbonite is well positioned to maintain its investments in new products and customer initiatives, and we believe the confluence of these factors will lead to profits for Carbonite's investors. With shares down almost 5% from their 52-week high, we believe that investors should take advantage of this (and any further pullbacks)...

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