Sangoma's praises mentioned by Motley Fool
Motley Fool is promoting Sangoma A communication device company Sangoma Technologies (TSX:STC) has been in the business of corporate communication solutions and technologies for a while. This Markham-based company was founded in 1984 and has evolved from offering on-site exchange solutions to modern, Communication-as-a-Service solutions and cloud services. The company has grown its product portfolio to vast proportions for its size. Its market capitalization of $300 million places it at the borderline of the small-cap scale, and even that is a recent development. Until 2017, the company was trading at a fraction of its current cost (less than one-third). Like most other stocks, the company experienced a powerful growth spike post-pandemic, which sent its stock soaring 280% in less than a year. And now, its going through the fall-out and trading at a 54% discount to its 2021 peak. But if you consider its growth history before the pandemic, its comparable to most modest growth stocks trading at the upper quartile of small-cap and even many large-cap growth stocks. And its 10-year CAGR is still almost 16%, and thats after losing half of its value.