3 Micro-Cap Stocks This Pro Has Been Watching
SecretCaps Author Tom Shaughnessy discussed micro-cap stocks on the show and the in-depth research he does on companies and the potential for substantial returns. Shaughnessy talked about three companies he was watching.
Shaughnessy mentioned Inuvo Inc (NYSE: INUV) as an example of a company that made a turnaround in its business, prompting a 150 percent gain after Shaughnessy recommended the stock.
Direct Insite Corporation (OTC: DIRI), which offers highly scalable services to banks, was highlighted as another stock pick where SecretCaps initiated at $0.60 and it recently traded at $0.80. Shaughnessy had a price target of $2 to $3 over the next year.
Research Solutions Inc (OTC: RSSS) experienced straight-line growth after introducing electronic scientific and medical information, Shaughnessy noted, and the company was expected to continue its growth trend.
Listen to the show here:
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.