Boston, MA -- (SBWIRE) -- 08/23/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Crocs, Inc. (NASDAQ:CROX), Dendreon Corporation(NASDAQ:DNDN), DiamondRock Hospitality Company (NYSE:DRH), Newcastle Investment Corp. (NYSE:NCT)
Crocs, Inc. (NASDAQ:CROX) shares gained 1.89% to $14.01. The company, on July 24, reported financial results for the second quarter of 2013. Revenue for the second quarter of 2013 increased 9.9% to $363.8 million compared with revenue of $330.9 million reported in the second quarter of 2012. For second quarter of 2013, the company had net income of $35.4 million or $0.40 per diluted share, compared with net income of $61.5 million or $0.68 per diluted share in the prior year period.
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Dendreon Corporation(NASDAQ:DNDN) shares increased 0.63% to $3.19. The company on August 8 reported results for the second quarter ended June 30, 2013. Net product revenue for the quarter was $73.3 million compared to $80.0 million for the quarter ended June 30, 2012, down 8.4% year over year and up 8.4% on a sequential basis. Net loss in the second quarter of 2013 was $68.8 million, or $0.45 per share, compared to a net loss of $96.1 million, or $0.65 per share for the same period in 2012.
Additionally, DNDN)‘s stock had its “neutral” rating restated by Zacks in a research report issued to clients and investors on August 13. They currently have a $3.25 price objective on the stock.
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DiamondRock Hospitality Company (NYSE:DRH) shares climbed 2.01% to $10.15. The company on August 19 announced that the Lexington New York City hotel has officially joined the Autograph Collection by Marriott International, Inc. The 725-room hotel is being reinvented with a transformative $46 million renovation that makes the Lexington one of the most unique hotels in New York with its Art Deco theme throughout the iconic building. The hotel is now available through all relevant Marriott International booking channels and guests enjoy the full benefits of the Marriott Rewards program.
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Newcastle Investment Corp. (NYSE:NCT) shares jumped 0.95% to $5.31. The company on August 7 reported that its second-quarter net income increased to $52.33 million or $0.20 per share, from $29.04 million or $0.21 per share, last year. Core earnings were $43.0 million or $0.16 per share, for the quarter. Income from continuing operations rose to $28.14 million or $0.10 per share, from $23.82 million or $0.17 per share, a year ago. Net interest income decreased to $40.83 million from $48.49 million last year.
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