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: (Frontier Communications Corp (NASDAQ:FTR), Dicks Sporting Goods Inc. (NYSE:DKS), Questcor Pharmaceuticals Inc (NASDAQ:QCOR), Riverbed Technology, Inc. (NASDAQ:RVBD)
Frontier Communications Corp (NASDAQ:FTR) moved up 1.11% to $4.55 on a traded volume of 1.53 million shares. The Company has applied for more than $71.5 million from the Connect America Fund to support the delivery of broadband to an additional 119,000 households. The funding, if awarded by the Federal Communications Commission will allow Frontier to accelerate broadband availability in its high-cost, unserved areas across multiple states.
How Should Investors Trade FTR After The Recent Volatility? Get Free Report Here
Dicks Sporting Goods Inc. (NYSE:DKS) declined 1.20% to $45.93 on a traded volume of 1.20 million shares. The Company posted second quarter net income of $84.2 million or 67 cents per share from $53.7 million or 43 cents per share in the prior year period. Net sales rose increased 6.6% to $1.53 billion. Analysts on average had expected earnings of 74 cents per share on revenue of $1.57 billion, according to Thomson Reuters I/B/E/S.
How Should Investors Trade DKS After The Recent Volatility? Get Free Report Here
Questcor Pharmaceuticals Inc (NASDAQ:QCOR) increased 4.82% to $71.73 on a traded volume of 977k shares. BofA/Merrill upgraded Questcor to buy from neutral. The firm upgraded shares based on Acthar sales improvement and outlook. The price target increased to $80 from $58.
Is QCOR A Good Buy After The Recent Price Movement? Find Out Here
Riverbed Technology, Inc. (NASDAQ:RVBD) escalated 1.99% to $15.85 on a traded volume of 1.27 million shares. The Company announced a significant milestone in the integration of the Riverbed Cascade and OPNET product families with the introduction of its single appliance with integrated application aware network performance management and application performance management.
Is RVBD A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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 be disappointed.
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