5 Best Penny Stocks For 2014
Oil and gas environmental service provider, Heckmann (NYSE: HEK ) , reported first-quarter earnings on May 8. The company missed slightly on both the top and bottom lines which sent shares dipping in after-hours trading. However, all was not lost on the quarter so let’s dig in and see what happened.
A deeper look at the numbers
Going into the report analysts were expecting a loss of a penny a share on revenue of $166.9 million. For the quarter, Heckmann produced revenue of $159.5 million and had a loss of $0.05 a share. However, revenue for the quarter nearly tripled year over year and the company delivered adjusted EBITDA of $32.1 million.
The biggest culprit contributing to the miss was unusually harsh weather. Heckmann pointed out that weather affected 13 days of work in its Bakken operations with additional days being lost to weather in the Marcellus. Heckmann was far from the only company to have a weather-related miss in the quarter. While the company planned for weather to be a factor, it turned out to be worse than expected.
5 Best Penny Stocks For 2014: Majesco Entertainment Company(COOL)
Majesco Entertainment Company develops and markets video game products primarily for family oriented mass-market consumers. The company publishes video games for various interactive entertainment hardware platforms, including Nintendo?s DS, DSi, and Wii; Sony?s PlayStation 3 and PlayStation Portable; Microsoft?s Xbox 360; and personal computers. It also publishes games for various digital platforms consisting of mobile platforms comprising iPhone, iPad, and iPod Touch, as well as online platforms, including Facebook. The company sells its products primarily to retail chains, specialty retail stores, video game rental outlets, and distributors. The company was founded in 1998 and is based in Edison, New Jersey.
- [By Louis]
Majesco Entertainment (NASDAQ: COOL) is an innovative provider of video games for the mass market, developing a wide range of titles for Sony’s PlayStation, Microsoft’s Xbox and Nintendo’s WII systems. On June 7, COOL announced that it had signed a contract with the NBA to begin development of an original video-game basketball franchise. The stock rose an impressive 32% over the next five trading days while the broader market sold off.
However, the stock is down today after reporting weaker-than-expected second-quarter earnings last night, missing consensus earnings estimates by 2 cents. Majesco reported net revenues of $32.1 million for the second quarter ended April 30, 2011, compared with $10.9 million reported for the same period in the previous year. The company’s operating income for the second quarter was $5.3 million, compared with an operating loss of $1.6 million reported for the same period in the previous year. So treat this sell- off as a buying opportunity.
5 Best Penny Stocks For 2014: Navarre Corporation(NAVR)
Navarre Corporation engages in the distribution and publication various computer software, home entertainment, and multimedia products in the United States and Canada. It operates in two segments, Distribution and Publishing. The Distribution segment distributes computer software, home video, video games, and accessories; and provides a range of value-added services including, vendor-managed inventory, Internet-based ordering, electronic data interchange services, fulfillment services, and retailer-oriented marketing services to the vendors and retailers. The Publishing segment owns or licenses various computer software and home video titles, and other related merchandising and broadcasting rights. This segment publishes print, personal productivity, education, family entertainment, and system utilities computer software categories; and packages, brands, markets, and sells to retailers, third party distributors, and the company?s distribution business. The company?s custom ers include wholesale clubs, mass merchandisers, third party distributors, computer specialty stores, book stores, office superstores, and electronic superstores. Navarre Corporation was founded in 1983 and is headquartered in New Hope, Minnesota.
Best Casino Stocks To Watch For 2014: Amsurg Corp.(AMSG)
AmSurg Corp., through its wholly owned subsidiaries, engages in the development, acquisition, and operation of ambulatory surgery centers in partnership with physicians in the United States. The company?s surgery centers perform colonoscopy and other endoscopy procedures in the area of gastroenterology; cataracts and retinal laser surgery in the area of ophthalmology; and knee and shoulder arthroscopy and carpal tunnel repair in the area of orthopedics. As of December 31, 2010, it owned interest in 204 surgery centers in 33 states and the District of Columbia, including 140 centers performed gastrointestinal endoscopy procedures, 37 centers performed ophthalmology surgery procedures, 19 centers were multiple specialties, and 8 centers performed orthopaedic procedures. AmSurg Corp. markets its surgery centers directly to patients; and referring physicians and third-party payors, such as health maintenance organizations, preferred provider organizations, other managed care o rganizations, and employers. The company was founded in 1992 and is headquartered in Nashville, Tennessee.
5 Best Penny Stocks For 2014: Air T Inc.(AIRT)
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sales, and ground support services. Its Overnight Air Cargo segment offers small package overnight airfreight delivery services on a contract basis to the air express delivery services industry. The company?s Ground Equipment Sales segment manufactures, sells, and services aircraft ground support and other specialized equipment products, including aircraft deicers, scissor type lifts, military and civilian decontamination units, glycol recovery vehicles, and other special purpose mobile equipment. This segment offers its products to domestic and international passenger and cargo airlines, ground handling companies, the United States Air Force and Navy, airports, and industrial customers. Its Ground Support Services segment provides ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers. As of March 31, 2010, the company operated 80 cargo aircrafts under dry-lease service contracts in the United States and the Caribbean. Air T, Inc. was founded in 1980 and is based in Maiden, North Carolina.
5 Best Penny Stocks For 2014: Sutron Corporation(STRN)
Sutron Corporation designs, manufactures, and markets products and solutions for the collection and monitoring of hydrological, meteorological, and oceanic data for the management of critical water resources and optimization of hydropower plants, as well as for warning of disastrous floods, storms, or tsunamis. The company?s Hydromet Products division manufactures real-time data collection and control products consisting of dataloggers, satellite transmitters/loggers, water level and meteorological sensors, and tides monitoring systems. Its Integrated Systems division provides system integration services consisting of the design, integration, installation, and commissioning of customer-specific hydrological and meteorological monitoring and control systems. These systems also include software applications based on it XConnect database software and Ilex Tempest database software. This division also integrates and installs airport weather systems. The company?s Hydrological Services division provides hydrologic services, including data interpretation and analysis, flow modeling, field studies, hydrologic studies, environmental permitting, legal or expert witness and equipment integration, installation, commissioning, and maintenance services. Its Ilex division offers Tempest database software, DOMSAT systems, custom software, and engineering services. The company primarily serves federal, state, local, and foreign governments; engineering companies; universities; and hydropower companies. Sutron Corporation markets its products through direct sales force in the United States, as well as through resellers and agents in Canada, Latin and South America, Europe, Africa, Asia, and Australia. The company was founded in 1975 and is headquartered in Sterling, Virginia.
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