5 Best Performing Stocks To Buy For 2016

5 Best Performing Stocks To Buy For 2016: Nuance Communications Inc.(NUAN)

Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. It offers dictation and transcription solutions and services, which automate the input and management of medical information; and speech recognition solutions for radiology, cardiology, pathology, and related specialties that help healthcare providers dictate, edit, and sign reports without manual transcription. The company also offers mobile and consumer solutions and services comprising an integrated suite of voice control and text-to-speech solutions, desktop and portable computer dictation applications, predictive text technologies, mobile messaging services, and emerging services, such as dictation, Web search, and voicemail-to-text for manufacturers and suppliers of mobile phones, automotive products, personal navigation devices, computers, and other consumer electronics. In addition, it provides customer service business intelligence and authentication solutions for enterprises in the telecommunications, financial services, travel, entertainment, and government sectors to support, understand, and communicate with their customers. Further, the company offers document imaging, print management, and PDF solutions to multifunction printer manufacturers, home offices, small businesses, and enterprise customers; software development toolkits for independent software vendors; and licenses its software to multifunction printer manufacturers. Nuance Communications, Inc. markets and sells its products through direct sales force; its e-commerce Web site; and a network of resellers, including system integrators, independent software vendors, value-added resellers, hardware vendors, telecommunications carriers, and distributors. The company was formerly known as ScanSoft, Inc. and changed its name to Nuance Communications, Inc. in November 2005. Nuance Communications, Inc. was founded in 1992 and is headquartered in Bu! rlington, Massachusetts. Advisors' Opinion:

• [By Selena Maranjian]

  Micron Technology (NASDAQ: MU  ) gained 41%, with bulls seeing growth in tablets and smartphonesdriving demandfor memory chips. The stocksoared to a 52-week high recently,when Micron posted its second-quarter earnings. Bulls liked the report, seeing lower costs and rising margins hinting at a return to profitability soon. Micron's purchase of Japanese manufacturer Elpida seems promising, boosting its capacity and its relationship withApple. Bears worry about Micron losing market share, though.
  
  Other companies didn't do as well last year, but could see their fortunes change in the coming years. Nuance Communications (NASDAQ: NUAN  ) , a speech-recognition software specialist, slid 10%. Many had expected the health-care field to offer great new opportunity for the company, but now, some worry about competitors in that field, while others don't like its growth-by-acquisition strategy. With a forward P/E below 12, the stock seems intri guing. Carl Icahn agrees, having amassed a sizable stake in the company.
  
  The big picture
  A well-chosen ETF can grant you instant diversification across any industry or group of companies -- and make investing in and profiting from it that much easier.

• [By Evan Niu, CFA]

  Ever since 2011, virtual voice assistants have been all the rage. First,Apple's (NASDAQ: AAPL  ) Siri came out to much fanfare, followed byGoogle (NASDAQ: GOOG  ) Now.Nuance Communications (NASDAQ: NUAN  ) , which powers the voice recognition behind Siri, even has its own Nina assistant.Amazon.com (NASDAQ: AMZN  ) has now reportedly purchased Evi, a mobile assistant app for iOS and Android. The e-tailer has also separately acquired several small voice recognition companies over the years.

source from Top Stocks To Buy For 2015:http://www.t! opstocksf! orum.com/5-best-performing-stocks-to-buy-for-2016.html