Micro-Cap Stock to Buy: Drive Shack (DS)ĭrive Shack (DS) is in the traditional (owns and manages golf courses) and entertainment (Drive Shack venues) golf businesses. At its current quarterly dividend, the stock is trading at a dividend yield of 8.4%. It is currently trading at 12.4x annualized earnings, too cheap a multiple for such a high-quality, high-margin, and no-debt business. Despite soaring energy prices, it is still trading below pre-pandemic levels. It just sits back and collects royalty checks from oil and gas assets that it owns. It doesn’t have to spend any money to drill new wells.
Micro-Cap Stock to Buy: Dorchester Minerals (DMLP)ĭorchester Minerals (DMLP) is an energy royalty company. Over time, I expect PX to continue to appreciate and wouldn’t be surprised if the stock traded at 20 or higher in a few years, nearly double PX’s current price (13).
#China micro cap stocks free
The company has considerable debt on its balance sheet, but a large portion of it is attractive seller financing.ĭespite its strong growth and reasonable balance sheet, PX trades at a significant discount to private equity peers such as Hamilton Lane, which trades at 20.2x free cash flow. Over the next several years, I expect the company to grow free cash flow significantly as its private equity business expands. P10 Holdings (PX) is an under-the-radar micro-cap operating in an extremely stable and profitable industry (private equity). 3 Micro-Cap Stocks to Buy Now Micro-Cap Stock to Buy: P10 Holdings, Inc. Let’s look at three micro-cap stocks that are better bets than BONZ. In fact, Bonanza has subsequently given back that 1,000% gain and is now down 16% on the year. Because it had none of those characteristics, avoiding Bonanza was the right move at the time. When evaluating micro-caps, I’m looking for companies with 1) substantial growth, 2) conservative balance sheets, and 3) inexpensive valuations. This means that management has pumped up its stock price via promotional press releases and then sold additional stock, diluting existing shareholders. Third, the number of shares outstanding had grown exponentially. Despite touting “great” mining results, the company had failed to generate any revenue in its entire life (as far as I can tell). Second, the company had poor financial trends. It is a red flag when a company makes an acquisition in an industry (especially a “hot” industry) in which it has no expertise. Luckily, it didn’t take me long to conclude this was a name to avoid.įirst, the company – up until the announcement – had been a gold mining company. I decided to dig in to see what all the hype was about. Get My ReportĪs a result of the acquisition announcement, Bonanza’s stock surged up over 1,000%. The company's Nurse and Allied Staffing business saw particularly rapid revenue and income growth.Find out which stocks you should buy this month to make money in this volatile market.
Net income attributable to common shareholders soared YOY as revenues roughly tripled. 23, the company announced results for Q4 2021 ended December 31, 2021. It provides travel nurse, allied health, clinical research trials, and additional staffing services. Cross Country Healthcare Inc.: Cross Country Healthcare is a healthcare staffing company.The purchase adds roughly 102 rural locations to Civitas' portfolio of properties. The final price for the deal was $300 million in cash. On March 1, Civitas announced it closed the acquisition of Bison Oil & Gas II, LLC. The company serves customers across the U.S. It develops and produces crude oil, natural gas, and natural gas liquids in Colorado. Civitas Resources Inc.: Civitas Resources is an oil and natural gas company.
These projects involve a single vertical well with the potential to yield oil at varying depths. The company focuses on low-cost, high-return operations in the Appalachian Basin known as "stacked-pay" projects. Range Resources Corp.: Range Resources is an independent natural gas and NGL producer.
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