Equities.com's Small-Cap Stars, our proprietary list of small caps that share the most important fundamental traits with the most successful companies in their industry, returned 45.32% over 2013. Among this year’s list are a number of promising small-cap companies that have the potential to make big gains.
Small-cap tech companies have long been a source of innovation and, when a product really takes off, huge gains for shareholders. The tech companies on the Small-Cap Stars represent the sort of well-researched speculative plays that can fill out any portfolio.
Here are today's top-performing Small-Cap Stars:
Sl Industries (SLI)
Sl Industries gained 3.4% to $32.22. The gains came on a volume of 23,506 shares against an average daily volume of 10,699 shares. Sl Industries has had a trading range from $33.95 to $20.48 over the last year, its P/E ratio is 16.3, it has a 50-day SMA of $30.45, and a 200-day SMA of $27.48.
SL Industries Inc, through its subsidiaries, designs, manufactures and markets power electronics, motion control, power protection, power quality, and specialized communication equipment.
Amtech Systems Inc. (ASYS)
Amtech Systems Inc. gained 3.03% to $10.54. The gains came on a volume of 11,215 shares against an average daily volume of 34,500 shares. Amtech Systems Inc. has had a trading range from $13.74 to $5.44 over the last year, it has a 50-day SMA of $10.37, and a 200-day SMA of $9.52.
Amtech Systems, Inc., is a supplier of horizontal diffusion furnace systems used for solar (photovoltaic) cell and semiconductor manufacturing. It operates in two business segments namely solar and semiconductor equipment, and polishing supplies.
Chyronhego Corporation (CHYR)
Chyronhego Corporation gained 2.56% to $2.00. The gains came on a volume of 19,170 shares against an average daily volume of 36,827 shares. Chyronhego Corporation has had a trading range from $3.12 to $1.31 over the last year, it has a 50-day SMA of $1.99, and a 200-day SMA of $2.26.
ChyronHego Corp is engaged in broadcast graphics creation, playout, and real-time data visualization offering products and services for live television, news, and sports production.
Immersion Corporation (IMMR)
Immersion Corporation gained 2.36% to $13.45. The gains came on a volume of 188,024 shares against an average daily volume of 235,612 shares. Immersion Corporation has had a trading range from $16.73 to $9.69 over the last year, its P/E ratio is 10.1, it has a 50-day SMA of $11.89, and a 200-day SMA of $11.57.
Immersion Corp focused on the creation, design, development and licensing of haptic innovations and technologies that allow people to use their sense of touch more fully when operating a wide variety of digital devices.
Plug Power Inc. (PLUG)
Plug Power Inc. gained 1.85% to $5.52. The gains came on a volume of 14,072,100 shares against an average daily volume of 19,089,429 shares. Plug Power Inc. has had a trading range from $11.72 to $0.36 over the last year, it has a 50-day SMA of $4.54, and a 200-day SMA of $3.73.
Plug Power Inc is a provider of alternative energy technology. The Company engaged in the design, development, commercialization and manufacture of fuel cell systems for the industrial off-road market.
Small-Cap Stars Tech Companies – New Ideas Driving Major Gains
Any small-cap company probably represents an effort to take greater risks in exchange for the potential for greater returns, and nowhere is that more true than in the tech sector. However, with the Small-Cap Stars, we’ve screened out the available stocks to find those that are most likely to create those big gains.
Our list was built by looking at previous small-cap tech companies and running a complex statistical regression to determine which of dozens of different fundamental factors ended up being the most predictive of future success. Then, we looked at which companies today were the most similar to those companies that made big gains in the past.
Among the other factors, our system highlighted companies with low debt, low cash reserves as a percentage of total assets (because, after all, a small-cap tech company should be reinvesting its profits), and low rate of depreciation.
All data provided by quotemedia and was accurate as of 4:30 pm ET.