It isn’t hard to see why it’s done so well over the past five years. It’s currently reached about 15% of this market, so there are many opportunities to grow the business.īetween Q2 2014 and Q3 2019, it has increased the number of customers that spend more than $1 million annually from three to 49, and annual recurring revenue (ARR) from $6 million to $88 million.
#MICRO CAP STOCKS CANADA SOFTWARE#
And yet customers continue to receive poor service.įive9’s platform helps companies provide the kind of service customers want, where they want it, improving engagement scores with consumers and increasing sales.Īt the moment, Five9 is focused on the contact center software market, which is estimated to be $24 billion annually. companies spend $230 billion on contact centers each year. Seriously though, Five9’s cloud-based call center software platform addresses a pressing need in a very large market. That’s certainly the case with Five9, whose shares are up 122% year to date and 92% on an annualized basis over the past five years. These days it seems the only thing you have to do is have “X-as-a-service” in your product offering and your shareholders will be richly rewarded. In its Q3 press release, it said the number of stores transitioned to direct-sales-distribution (DSD) in New York City had more than doubled. The company continues to transition from a wholesale distribution model to direct sales. Some might consider this a weakness, but given its market capitalization is about 1% of Coke’s, I see gross margins continuing to grow as the company gains scale in the U.S. By comparison, Coca-Cola’s (NYSE: KO) is approximately 60%. In terms of gross margins, they increased by 420 basis points in Q3 2020 to 45.8%.
#MICRO CAP STOCKS CANADA PLUS#
The company reported excellent third-quarter results on November 12, with sales up 80% year-over-year to $36.8 million - 60% growth in North America (73% of sales) and 172% growth internationally (27% of sales) - plus 165% growth in its adjusted EBITDA to $6.9 million. When it does, you’ll want to pounce on its shares anywhere in the mid-to-high $20s. That said, it’s worth keeping on your watch list.īefore you consider shares of Celsius Holdings, a maker of fitness-focused beverages, it’s important to understand that this stock has been on a tear in 2020, up 562% year to date through November 13.Īt some point, this stock has to take a breather. It’s important to keep in mind that DWMC has only been around since July 2018.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/tgam/R236J332BRH2BJSLBQX2JHVGKM.jpg "micro cap stocks canada")
Here are 7 micro-cap stocks to buy for the next 10 years:ĭorsey Wright utilizes a buy/sell process that eliminates any emotional guesswork and is based on a disciplined investing approach. Portfolio manager Dorsey Wright has his own proprietary systematic process for culling the herd, reducing the portfolio to a manageable number of stocks around 150, selected based on relative strength rankings and equal-weighted on a modified basis. ĭWMC starts with an investment universe of approximately 2,000 U.S. Another is to pick from among the ETF’s 151 holdings. It’s also the first word many investors will think of when observing Gaensel Energy Group Inc.If you’re looking to bet on micro-cap stocks for the long haul, one option is to buy the actively-managed AdvisorShares Dorsey Wright Micro-Cap ETF (NASDAQ: DWMC). It’s the most widely-adopted approach to investing, proven time and again to minimize risks and ensure profits.
About 130 miles east of San Francisco is the small town of El Portal, California. (OTC: STAL) has the team, the tech, and the results to stand behind.
“We have solved the single biggest concern in the mining industry.” This may sound like a bold claim, but it’s a claim that Star Alliance International Corp. Its first major acquisition shows us a holding company with a forward-looking approach, seeking out
As technology evolves, so will the way we invest in businesses with the potential to disrupt their respective industries. The company began with a focus on the solar and high-end electronics industries, primarily by re-establishing its highly profitable production of commercial quantities (30,000 tpa.) of High Purity ĪAPT (OTC PINK: AAPT) is a Nevada-based holding company actively pursuing acquisitions across the globe. Graphene & Solar Technologies (OTCQB: GSTX) specializes in the development of techniques for the production of advanced new alternative energy technologies as well as water recovery systems.
0 kommentar(er)
