September 8, 2005
SpeculatingStocks.com Stock Pick: GuruNet Corporation (ANSW)
Stock Price: $13.80 (long-term strong buy)
GuruNet Corporation operates Answers.com(TM), a leading answer-based search engine. The company provides patented technology and software tools to access concise information on demand.
Answers.com since its launch has received huge amounts of praise from the press. The company plans to eventually change its name to Answers Corporation. Most recently, ANSW was listed on the Nasdaq, moving from the AMEX.
ANSW has great support at its current level. Potential upside is amazing as this site continues to move forward in becoming the complete package for information.
Answers.com has even added a shopping capability for comparative pricing and a teacher help section as well.
Traffic levels for the site continue to stay high and build.
SpeculatingStocks.com Target Price: We expect ANSW to reach $26.00 within the next six to nine months.