NICE Up 9% in a Month: How Should Investors Play the Stock?
NICE(NICE) ZACKS·2024-07-17 23:30
NICE (NICE) shares have gained 9% in the past month, outperforming the Zacks Internet Software industry’s decline of 0.1%. The upside can be attributed to NICE’s strong growth prospect. It boasts an innovative portfolio with growing adoption of solutions like Actimize, Evidencentral, Inform Elite and CXone. The company’s focus on its cloud offerings, particularly its CXone platform, has been a major growth driver.In the first quarter of 2024, NICE reported cloud revenues of $468.4 million, up 27% year over ...