8x8 is one of the largest VoIP providers in the US, primarily targeting small and medium businesses. The stock has a fairly high short interest (11.39%), yet has several attractive characteristics:

• TTM P/E looks dirt cheap at 4.3


• The 3-year cash flow growth rate is +287%


• Projected EPS growth is 66.36% year-on-year, and next year's EPS growth is currently projected at 47%


• Operating margin, at 9.23%, is 43rd percentile in the industry -- not great, but not terrible.