Boston, MA -- (SBWIRE) -- 09/12/2013 -- 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: (Alcatel Lucent SA (ADR) (NYSE:ALU), BlackBerry Ltd (NASDAQ:BBRY), Alcoa Inc (NYSE:AA), Nuveen Municipal High Incm Opprtnty Fd 2 (NYSE:NMD)
Alcatel Lucent SA (ADR) (NYSE:ALU) shares declined 3.41% to $3.40. The company on August 28 announced that it has appointed Jean Raby as its new finance chief, as the telecommunications-equipment maker continues its turnaround under the leadership of its new chief executive. Mr. Raby, 49, a former partner and managing director at Goldman Sachs Group Inc.'s investment bank division, will become chief financial and legal officer as of Sept. 1, replacing Chief Financial Officer Paul Tufano, the company said.
How Should Investors Trade ALU After The Recent Volatility? Get Free Report Here
BlackBerry Ltd (NASDAQ:BBRY) shares declined 4.66% to $10.43. BlackBerry Ltd. On Sept. 9 said it is preparing to lobby the Canadian government over foreign-takeover issues amid investor concern that a domestic buyout of the struggling smartphone maker won’t happen. The company has registered to meet with lawmakers to discuss the Investment Canada Act, which sets rules for foreign acquisitions of local companies, according to federal lobbying documents. The government automatically reviews any takeover bid of more than C$344 million ($332 million).
How Should Investors Trade BBRY After The Recent Volatility? Get Free Report Here
Alcoa Inc (NYSE:AA) shares gained 1.68% to $8.19. The composition of the Dow Jones Industrial Average has no impact on Alcoa's ability to successfully execute our strategy, and the company remain focused on delivering shareholder value. Alcoa continue to grow their value-add businesses and capture growth opportunities in end markets like aerospace and automotive.
Additionally, the company on August 26 announced promotions that will extend Alcoa's leadership in the area of environment, health and safety, and enhance the company's business development and asset management capabilities worldwide.
Mike Barriere, Vice President, Human Resources, was promoted to Executive Vice President, Human Resources and Environment, Health and Safety (EHS). He will have oversight of the newly combined Human Resources and EHS group.
Is AA A Good Buy After The Recent Price Movement? Find Out Here
Nuveen Municipal High Incm Opprtnty Fd 2 (NYSE:NMD) shares closed at $11.81 in the last trading session. NMD is a diversified closed-end investment company. The Fund seeks to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain United State territories. The fund invests at least 50% of its managed assets in municipal securities rated. The fund may invest up to 50% of its managed assets in municipal securities that, at the time of investment.
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Here at Winston 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. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t sure you won’t be disappointed.
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