Healthcare-related holdings are always welcome in an equity market portfolio. ( NYSE/GMED )Īnother micro-cap company with solid potential for above-average growth this year is Globus Medical, Inc.
I believe this stock has price momentum for this year.Īlso Read: Top 5 Micro-Cap Stocks to Watch in 2015 Globus Medical, Inc. The stock just got another Wall Street upgrade. GAAP earnings were modest at $1.6 million, compared to $8.4 million in the first quarter of 2014.įortinet finished the first quarter with just over $1.0 billion in cash and equivalents with no material debt. Its 2015 first quarter sales grew 26% to $213 million, with a 36% year-over-year improvement in quarterly billings.
Earnings are still modest with this firm.īut Fortinet is a patent powerhouse and is constantly innovating. This is a top-line growth story as management continues to pour resources into new business development. Up close to 100% over the last 12 months, Fortinet sells anti-malware, firewall, and anti-spam technology. But it’s available with cybersecurity stocks! Naturally, these positions are fully valued but that doesn’t mean a stock like Fortinet won’t keep ticking higher. One interesting technology company that’s very close to jumping to the next level of market capitalization is Fortinet Inc., out of Sunnyvale, CA.ĭouble-digit growth is a tough thing to come across in the current environment. But this is a market, I believe, for existing winners, and price momentum isn’t likely to disappear among those stocks whose underlying businesses are beating consensus.Īlso Read: Best Micro-Cap Stocks for the Savvy Trader Two Top Micro-Cap Stocks Currently Beating the Street Fortinet Inc. Naturally, micro-cap companies are inherently more risky and typically more volatile on the stock market. I suspect these richly valued companies will stay this way going into 2016, because there just isn’t a lot of genuine business growth to be found in this slow-growth world. In a market that’s already gone up, many of the top micro-cap stocks are expensively priced as institutional investors continue to buy double-digit growth where it can be found. 23:19:55 A look at a couple of well-performing micro cap stocks for a slow growth world.
Top Micro-Cap Stocks for a Market Near its High