Stock Watch: Broadvision Keeps Soaring

Shares of e-commerce solutions company Broadvision (Nasdaq: BVSN) have been on a torrid run this year, and they got another major boost on Monday. Broadvision stock soared more than 21 percent on Monday, gaining 22-5/8 to 130, after the company announced that it would be added to the Nasdaq-100 Index next week and that Sears is using Broadvision software to expand its e-commerce presence. Sears is using Broadvision’s One-To-One Retail Commerce to let users compare and shop for tools online.

Shares of Broadvision are trading nearly 14.5 times higher than their 52-week-low of 9, and this is a stock that could keep climbing. It is certainly not cheap, but e-commerce infrastructure companies could stay red hot for a while and Broadvision is one of the minority of e-commerce infrastructure companies that is actually profitable.

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