$3.45 TECH STOCK- $.45 EARNINGS
I just researched nearly 250 technology stocks. I applied the strictest criteria for investment candidates:
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-Undiscovered
-Small float
-Profitable
-Strong Revenue growth in a booming market.
-Stock price under $5
The ONLY stock I could find that met these criteria in this market?
SCLD:NASDAQ ($3.45)
SteelCloud develops turnkey network server appliances that deliver immediate results for the customer. Only 10 million shares outstanding, profitable (just announced $.16 EPS for 2001- most of the profit occurred in 4th quarter. INCREASED revenues and earnings projected for the next quarter ending in 2 weeks- annualized profits of at least $.45 based on last quarter implies a stock price of at least $13 based on 30 PE. Sales are rowing 162% per year in the high margin network appliance segment.
The way to make money in this market is to buy awesome companies like these that are UNDISCOVERED. When the market discovers this gem, IMO it will be a double digit stock. Just compare the funadamentals to a company like HAND. Just shot over $7, if HAND is $7 (with 130 MM float and losing money) then SCLD should be $20.