CARB - Carbonite's Recent Pullback Offers Value

Shares of Carbonite, Inc. (NASDAQ:CARB) enjoyed a tremendously strong 2018 and even despite two large pullbacks (one in June and one in September), the stock is up 43% YTD.

Stocks that have run up a lot quickly often see pullbacks during those runs due to profit taking and hesitance from investors who do not currently own the stock due to a fear of having "missed the rally." While both of these are understandable perspectives to hold, neither should supersede the relative valuation of the company. Carbonite is a great

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