Internet stocks have been sold off in recent weeks, and Broadvision (Nasdaq: BVSN), which supplies companies with e-commerce software and services, has been one of the companies hit hard. Shares of Broadvision closed down 1-1/6 to 48 on Friday. The stock is well off its 52-week high of 72-3/8, and some analysts see this as a buying opportunity.
On Friday, Kaufman Brothers upgraded Broadvision from accumulate to buy. One day earlier, Legg Mason upgraded the stock from outperform to buy. We know it can be tough and scary to fight a downward trend, but Broadvision is a stock that looks like a good long-term play, if you can withstand the extreme short-term volatility.
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