Could Be Diamonds in the Rough
The market ended the second quarter on a strong note, having put in an impressive rally Friday. Given that the "risk on" trade appears to be back on (at least for the next 24 hours), here are a couple of speculative $2 tech stocks to consider. Both are currently in the red, but they have solid balance sheets and improving prospects, and they've recently attracted major interest by a hedge fund or private equity firm.
First is Sonus Networks (SONS), which provides voice and multimedia infrastructure solutions, including session border control (SBC), voice over Internet protocol (VoIP) and access and VoIP media gateway products....356 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.