- RingCentral is the undisputed leader in the UCaaS market, which is still in the very early innings.
- The company is cementing its leadership through integration with third-party applications, strategic partnerships, new products and investing in channels and verticals.
- While the rally is extended and the shares expensive, medium term we still see considerable upside for the shares.
Source: Strength Across The Board At RingCentral – RingCentral, Inc. (NYSE:RNG) | Seeking Alpha