Stocks get Curb Stomped - Except Sonus Networks (SONS)

Straight out of American History X - the majority of stocks were brutally curb stomped today.

But not the VOIP stocks, they are all the rage in 2011. 

Shares of Sonus Networks (NASDAQ:SONS) increased 33.33% today, Sonus Networks is a provider of infrastructure for VOIP.  

Vonage (NYSE:VG) shares are up 167% YTD. The move for Sonus was due to their Q4 Earnings call. Here's what you need to know:

  • Shares jumped 33% in trading today after announcing better-than-expected Q4 earnings and 2011 guidance.
  • Revenue in Q4 grew 21% from the year-ago quarter, a big surprise compared to the consensus forecast of basically flat revenue.
  • Guidance for 2011 calls for revenue growth of 6% to 14% and suggests the year could be slightly profitable.

MASTERY Bottom Line (Saxon and Black Belt Jones Style)Mastery Bottom Line: A 33% gain in one day is pretty huge, so look for a slight pullback in Sonus if you're thinking about adding shares to your portfolio. If they can continue to exceed analyst estimates, shares should continue to move upwards.