PennyStocks101 Reports 5 Hot Stocks to Watch: Kit Digital Inc., Cymer Inc., Sify Technologies Limited, Mgic Investment Corp., and United Rentals

Beverly Hills, CA -- (SBWIRE) -- 10/17/2012 -- http://www.PennyStocks101.com - The US leader in microcap breakouts, offers a high quality stocks alert newsletter to investors looking for the best breakout stocks around. PennyStocks101 reports 5 stocks to keep an eye on: KITD, CYMI, SIFY, MTG, and URI

Stocks rose on Wednesday after a strong housing report. The Commerce Department said Wednesday that builders broke ground on building new single-family houses and apartments at the fastest pace since July 2008. The market could have gone even higher had it not been for weak earnings reports from Intel and IBM weighing on the Dow Jones industrial average.

1. Kit Digital (KITD) - KIT digital, Inc., a leading video management software and services company, working in partnership with the Trade & Development Bank (TDB) of Mongolia, today announced that leading business broadcaster Bloomberg Television has launched Bloomberg TV Mongolia, the first international news operation based in one of the fastest-growing investment environments in Asia.

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2. Cymer (CYMI) - ASML Holding NV, the biggest supplier of equipment to semiconductor manufacturers, has offered to buy Cymer Inc. of the U.S. for around $2.55 billion.

3. Sify Technologies Limited (SIFY) - Sify reported revenues of INR 2059 million for the quarter ended September 30, 2012 against revenues of INR 1815 million for the corresponding quarter of the previous year, a growth of 13%.

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4. Mgic Investment Corp. (MTG) - MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the leading provider of private mortgage insurance coverage in the United States to the home mortgage lending industry.

5. United Rentals (URI) - United Rentals Inc. said Tuesday that its third-quarter profit rose 12.3 percent as revenue surged amid demand for its industrial and commercial rental equipment.

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