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Saturday, July 14, 2012

Hot Stocks Under $5 to watch for july 16-20 2012

Hot Stocks Under $5 to watch for july 16-20 2012 : Earnings season is a great time to cash in on unexpected results. Investors care about these “surprises” because when a stock releases data above expectations, the stock quickly adjusts to price in the new information. And all the better if changes in expectation cause huge swings in share price, an effect more attainable when the price is already low and a few cents worth means big percentage gains.

Of course, the nominal gains/losses are only truly significant when investors own several shares. I.E if a stock gains $0.17 that is not a big deal on its own, but if you own 1000 shares, that’s $170 and for a $3 stock that represents a 5.6% change.


With that in mind, here’s a list of 5 stocks trading under $5, with market caps above $300 million, that are reporting earnings next week.

1. 8×8 Inc. (EGHT, Earnings, Analysts, Financials): Develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications, as well as provides Web-based conferencing and unified communications services. Market cap at $303.52M, most recent closing price at $4.29. Earnings Date July 18th.

2. Lattice Semiconductor Corporation (LSCC, Earnings, Analysts, Financials): Designs, develops, manufactures, and markets programmable logic products and related software. Market cap at $432.95M, most recent closing price at $3.67. Earnings Date July 19th

3. Harmonic Inc. (HLIT, Earnings, Analysts, Financials): Designs, manufactures, and sells video products and system solutions that enable service providers to deliver broadcast and on-demand services. Market cap at $471.46M, most recent closing price at $4.01. Earnings Date July 24th.

4. MGIC Investment Corp. (MTG, Earnings, Analysts, Financials): MGIC Investment Corporation, through its subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance to the home mortgage lending industry in the United States. Market cap at $478.81M, most recent closing price at $2.37. Earnings Date July 18th.

5. Advanced Micro Devices, Inc. (AMD, Earnings, Analysts, Financials): Operates as a semiconductor company in the United States, Japan, China, and Europe. Market cap at $3.42B, most recent closing price at $4.88. Earnings Date July 19th.

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