10 Stocks Under $1 Capable Of Outperforming The Market
The following stocks; IVAN, MOTR, CGR, NNVC, QTWW, PEIX, BIOF, PWAV, MCZ and CDXC stock all have the chance of outperforming the market. All companies other than NNVC and CDXC are listed on a major exchange. I scanned for a price below $1 with a market cap between $10 million and $300 million. The ideal market cap is between $50 million and $100 million because they’re small enough to move 20%+ in a day and will draw institutional buyers at times. Here’s what I’m watching.
Ivanhoe Energy (NASDAQ:IVAN) engages in the development and production of oil and gas properties. IVAN has a 52 week range of $.72 – $2.38, market cap of $262 million, Beta of 2.67 and impressive short interest of 16 days to cover.
Motricity (NASDAQ:MOTR) provides mobile data solutions for mobile operators, consumer brands and enterprises, and advertising agencies. MOTR has a 52 week range of $.54 – $9.95, market cap of $30 million, Beta of 2.18 and impressive short interest at 19 days to cover.
Claude Resources (AMEX:CGR) engages in the acquisition, exploration, and development of precious metal properties in Canada. CGR has a 52 week range of $.56 – $2.37, market cap of $106 million, Beta of 1.48 and short interest of 1 day to cover.
Nanoviricides Inc (OTCBB:NNVC) is a nano-biopharmaceutical company, engaging in developing drugs for antiviral therapy. NNVC has a 52 week range of $.52 – $1.56, market cap of $101 million and a Beta of 1.15.
Quantum Fuel Systems Technologies (NASDAQ:QTWW) is an integrated alternative energy company, develops and produces natural gas, fuel cell, and other propulsion systems, and renewable energy generation systems and services in the United States and internationally. QTWW has 52 week range of $.41 – $6.29, market cap of $24 million, Beta of .88 and a short interest of 2.93.
Pacific Ethanol (NASDAQ:PEIX) produces and markets low carbon renewable fuels in the United States. PEIX has a 52 week range of $.25 – $2.87, market cap of $60 million, Beta of 1.7 and short interest of 2 days to cover.
Biofuel Energy (NASDAQ:BIOF) produces and sells ethanol and its co-products in the United States. BIOF has a 52 week range of $.15 – $1.24, market cap of $34 million, Beta of 5.34 and short interest of 3 days to cover.
Powerwave Technologies (NASDAQ:PWAV) designs, manufactures, and markets end-to-end wireless solutions for wireless communications networks worldwide. PWAV has a 52 week range of $.69 – $19.50, market cap of $30 million, BETA of .94 and short interest of 6 days to cover.
Mad Catz Interactive Inc (AMEX:MCZ) designs, manufactures, markets, sells, and distributes accessories for videogame platforms and personal computers (PC), as well as for iPod and other audio devices. MCZ has a 52 week range of $.39 – $1.87, market cap of $30 million, Beta of 2.73 and short interest of 7 days to cover.
Chromadex Corp (OTCBB:CDXC) supplies ingredients, phytochemical reference standards, and related phytochemical products and services to the dietary supplement, food and beverage, cosmetic, and pharmaceutical industries. CDXC has a 52 week range of $.44 – $1.84, market cap of $50 million and Beta of 1.55.
“Luke, Jason, all thanks for an incredible day! After fees I'm just short of the $10,000 goal for the day (I was joking this morning) my best trading day ever!!! I'll be killing brain cells in celebration now :) have a great weekend.”