Lauren Romeo, a portfolio manager of three Royce funds, has highlighted a trio of innovative smaller companies whose stocks are high-confidence holdings. She points out that technological advances often stem not just from giants like Nvidia and Amazon but also from small-cap companies. MKS Instruments The first company is MKS…
Shares of Hong Kong-based ready-to-cook and ready-to-eat Asian food producer DayDayCook (DDC) rose nearly 10% on Thursday, November 21, following an announcement that the New York Stock Exchange had granted the company an extension to file its 2023 annual financial report. The new deadline is February 4, 2025. DDC has…
Shares of Sidus Space, a space services company, advanced nearly 6% on Thursday, November 21, before extending the gains in after-hours trading. This came after the company announced a partnership with the German start-up Reflex Aerospace to produce integrated satellite platforms together. Details On Thursday, Sidus Space stock gained almost…
Shares of video display and scoreboard manufacturer Daktronics fell over 5% on Wednesday, November 20. This came after it was announced that the company’s board of directors had amended its shareholder rights agreement to prevent an activist investor — a nominee proposed by Alta Fox Capital Management’s affiliates — from…
Innodata, a small-cap IT solutions provider that uses its large language models (LLMs) to train other companies’ AI, is like “Palantir in its early days,” according to Zacks. Today, Palantir is a leader in the AI sector with a market capitalization of more than $141.5 billion. Zacks strongly recommends buying…
Two air taxi stocks — Joby Aviation and Archer Aviation — have jumped after the investment bank Needham initiated coverage of them with “buy” ratings, as reported by Barron’s. Details On Tuesday, November 19, Needham launched coverage of Joby Aviation and Archer Aviation, rating them “buys.” This led to a…
Zacks Small-Cap Research (Zacks SCR) has raised its target price for BioStem Technologies, a developer of perinatal tissue-based therapies, believing the stock should trade at double its current market price. This comes after the company’s third-quarter financial results, which beat Wall Street expectations. Details Zacks SCR values BioStem Technologies stock…
In a recent report, Zacks Small-Cap Research (Zacks SCR) has made the case for its $30 per share target price for Achieve Life Sciences, which is seven times the last closing price. Achieve is a micro-cap company developing the world’s first treatment for vaping addiction. Details Zacks SCR values Achieve…
Shares of Liberty Energy, an oilfield services company, advanced about 5% on Monday, November 18, following the announcement by President-elect Donald Trump that he would nominate Liberty’s founder and CEO, Christopher Wright, as the next U.S. secretary of energy, as MarketWatch reports. Details On the news about Trump’s nomination of…
On Monday, November 18, shares of the crypto exchange Bakkt, majority-owned by major exchange operator Intercontinental Exchange, soared 162%. This came after a story by the FT that Trump Media & Technology Group (TMTG), which owns the Truth Social social media site of president-elect Donald Trump, is in “advanced talks”…
Spirit Airlines, a pioneer budget airline, has filed for bankruptcy after multiple failed merger attempts with competitors. The company claims to have reached an agreement with most creditors and expects to emerge from bankruptcy next year. Trading in Spirit Airlines shares, which have fallen more than 90% this year, has…
Shares of Citius Pharmaceuticals, a small company developing critical care products, plunged nearly 40% to an all-time low on Friday, November 15. The trigger was an announced direct offering at $0.25 per share. Details Citius Pharmaceuticals stock dropped almost 40% on the Nasdaq to a record-low of $0.20 per share…
Analysts at Freedom Finance Global have spotlighted four smaller companies that stand to benefit from policies put forward by U.S. President-elect Donald Trump. Three of them operate in the financial sector, while the fourth is a developer and supplier of avionics technology for the civil and military markets. Financials The…
Shares of Envoy Medical, a hearing implant maker, rose nearly 9% on Thursday, November 14, buoyed by earnings for the first nine months of the year. While the top line declined over 17% year over year, the company’s loss per share narrowed almost 60%. Earlier, Envoy Medical had announced U.S.…
TSS, a small company that provides data center services, might replace the embattled server maker Super Micro Computer as an investor favorite in the AI segment, Barron’s writes. While Supermicro may be delisted soon, TSS has surged 4,000% this year and has just gained entry to the Nasdaq. Barron’s cautions,…
The portfolio managers of three micro-cap Royce funds have highlighted two high-conviction small-cap stocks: Transcat, a company specializing in equipment calibration, and Applied Optoelectronics, a provider of optical components. They stand out not only on fundamental metrics but also for features that cannot be quantified, such as customer-centricity and value…
Freedom Broker has raised its target price for Viemed Healthcare, a smaller company that provides in-home respiratory support, by more than 18% to $11 per share. The upgrade is attributable to the company’s third-quarter financial results, which beat expectations amid robust demand in the sleep therapy segment. Viemed links this…
Sidus Space, a small space services company, plunged over 40% in premarket trading today, November 13, after the company announced it would sell 5.6 million new shares at $1.25 each. This is the lowest price Sidus shares have ever been offered to investors. Details Sidus Space stock dropped more than…
Founded in the late 1980s, the IT services provider Innodata remained under the radar of investors and major companies for a long time. However, that all changed after it pivoted to large language models (LLMs) and generative AI five years ago. Since then, it has scooped up almost all of…
Shares of low-cost carrier Spirit Airlines dropped over 60% in premarket trading today, November 13, after the news broke that the company is preparing to file for bankruptcy following failed merger talks with Frontier Airlines, as reported by the Wall Street Journal. Details Spirit, a budget airline facing significant financial…
The personal genomics company 23andMe is further cutting costs: It will lay off 40% of its workforce and shut down all clinical research programs. These measures are expected to save the company $35 million annually as it explores strategic options, including a partial sale of the business. Following this news,…
Small caps might not have much further to run in the postelection rally, as they are at risk from higher interest rates, warns Morgan Stanley’s chief U.S. equities strategist Mike Wilson. He recalls that after Donald Trump’s previous election win in 2016, their relative performance peaked in early December. Details…
Inuvo, a provider of AI-driven marketing technology, saw its stock fall 3.5% after releasing its third-quarter earnings on Friday, November 8. Revenue grew 23% quarter over quarter but declined about 9% year over year. Details Inuvo stock lost 3.5% on the Nasdaq on Friday to close at $0.23 per share,…
Archer Aviation, an electric vertical takeoff and landing (eVTOL) aircraft manufacturer, is one of the small-cap stocks that could benefit from the incoming administration of Donald Trump, according to Freedom Broker. Its analysts have set a target price of $4.80 per share for Archer, implying 23% upside versus the last…
