Two Smallcap Winners: TASER and Acorn Energy - Thomas Englebert

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Two Smallcap Winners: TASER and Acorn Energy
May 02, 2008 01:14 PM UTC

Thomas Englebert

Return	Risk
+6.39%	MID

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Symbol	Sentiment	Start	Return	Closed
TASR		05/02/08	-13.00%	--
ACFN		05/02/08	-9.18%	08/17/08

Via Long Investment Ideas from Seeking Alpha:

Following
find two stocks that we feel will outperform the market in the near
term. One is oversold and one is undiscovered.

TASER International (TASR) $7.46, is in our
opinion currently in an oversold position, down more than 20% since
last week. The company reported 1st quarter earnings having more than
doubled to $1.2M, from the prior year's $494,554, but missed the
Street's expectations. TASR is currently trading just off it's 52 week
low and makes for what we feel is an attractive entry point. For its
part, this week the company said it's board approved a plan to
repurchase up to $12.5M in common stock.

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