Tom Shaughnessy was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick.
SecretCaps Author Tom Shaughnessy discussed micro-cap stocks on the show and the in-depth research he does on companies and the potential for substantial returns. Shaughnessy talked about three companies he was watching.
Shaughnessy mentioned Inuvo Inc INUV as an example of a company that made a turnaround in its business, prompting a 150 percent gain after Shaughnessy recommended the stock.
Direct Insite Corporation DIRI, which offers highly scalable services to banks, was highlighted as another stock pick where SecretCaps initiated at $0.60 and it recently traded at $0.80. Shaughnessy had a price target of $2 to $3 over the next year.
Research Solutions Inc RSSS experienced straight-line growth after introducing electronic scientific and medical information, Shaughnessy noted, and the company was expected to continue its growth trend.
Listen to the show here:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.