LogMeIn, Inc. (LOGM) is a company with a lot going on. Not only is it competing in three market segments but is attempting to assimilate large acquisitions and integrate and restructure the product lineup for improved growth and profitability. While the stock can be bought at a reasonable price, that is just about the only thing I like about this investment.
(Source: LogMeIn)
While LogMeIn is operating in three large market segments, the competition is fierce and the company is only achieving single-digit revenue growth, something I don’t find appealing. Nor do