Blucora (BCOR +25%) jumps after its Q2 swung to a profit and the company forecast strong growth...
Blucora (BCOR +25%) jumps after its Q2 swung to a profit and the company forecast strong growth in the current quarter, as the company's web search business improved substantially and its prior-year period was weighed down by the sale of an underperforming business. Benchmark says investors don't fully get the "Blucora story." The company has strong operating momentum, growing cash flow and a solid balance sheet. The firm reiterates a Buy on the shares.
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