Stocks Positioned to Hit Triple-Digit Gains (HUSA, AONE, PEIX, SIRI, GEN)

New York, NY -- (SBWIRE) -- 09/24/2012 -- Houston American Energy (NYSEAMEX:HUS) is up nearly 40 percent in September. An alert from Mega Stock Picks earlier this month placed the energy stock on its watch list.

On September 6, shares of HUSA traded at .92 cents. On Friday, September 21, shares of HUSA closed at $1.27. Mega Stock Picks, which publishes a free stock market newsletter, reports that HUSA could continue to see its momentum hit triple-digit gains.

Houston American Energy Corp. produces natural gas and crude oil properties in the U.S. Gulf Coast region and South America. The company's oil and gas properties are located primarily in the onshore Gulf Coast region of Texas and Louisiana as well as Columbia.

The company reported earlier this month that it has started a drilling project in Colombia. The 52-week high for Houston American Energy Corp. (HUSA) is $17.05.

Other stocks recently featured by Mega Stock Picks include Sirius XM Radio (NASDAQ:SIRI), A123 Systems, Inc. (NASDAQ:AONE), GenOn Energy, Inc. (NYSE:GEN) and Pacific Ethanol, Inc. (NASDAQ:PEIX).

Pacific Ethanol, Inc. (PEIX) is trading near its year low. The Nasdaq company is positioned to see a bounce given its recent drop in share price.

Sirius (SIRI) closed at $2.54 on Friday. Mega Stock Picks has had this stock on its watch list for some time and has reported it could break the three dollar mark by the end of 2012.

A123 Systems, Inc. (AONE) is another stock that Mega Stocks has placed on it watch list as it looks to bounce from hitting its year low.

GenOn Energy, Inc. (GEN) saw its shares close at $2.62. Stock analysts at Mega Stock Picks have listed this NYSE stock as another one to watch for triple-digit gains in the coming months.

The views and opinions expressed herein are the views and opinions of the author.