Joseph P. Porter
Medium-term horizon, ETF investing, industrials, fundamental analysis

Stamps.com: A Solid Dot-Com Success

Founded in 1996, Stamps.com Inc. (NASDAQ:STMP) was one of the "dot-com" businesses that started up towards the end of the 20th Century - in fact, its IPO in 1999 was one of the 457 that occurred that year. It is a software-as-a-service (NASDAQ:SAAS) provider that enables the online purchase of United States Postal Service ("USPS") postage.

The Company is still operating, and although its current share price is less than half of the level it reached in 1999, Stamps.com survived the dot-com shake-out and its growth prospects appear to be going strong. It was the first PC Postage seller on the internet approved by the USPS.

(click to enlarge)

As happened with many - if not...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details