Friday, May 25, 2007

Small Stock On the Breakout

(SMTX) SMTC CORP, a electronic contract manufacturer, is making a new high today, as well as yesterday when the market was tanking. Volume has picked up in the recent trading days. It is trading around $3.80 up from the low of about $2.40. It is a very small cap stock. It has the potential to hit $10 within 1 year. The PE on the stock is less than 5. The growth rate is over 10 for the industry. This is a gem for many investors.

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