3 Stocks to Get on Your Watchlist By Sean Williams , The Motley Fool Posted 9:44AM 05/02/12
I follow quite a lot of companies, so the usefulness of a watchlist to me cannot be overstated. Without my watchlist, I'd be unable to keep up on my favorite sectors and what's really moving the market. Even worse, I'd be lost when it came time to choose which stock I'm buying or shorting next.
Today is "Watchlist Wednesday," so I'm discussing three companies that have crossed my radar in the past week -- and at what point I may consider taking action on these calls with my own money. Keep in mind, these aren't concrete buy or sell recommendations, nor do I guarantee I'll take action on the companies being discussed weekly. What I can promise is that you can follow my real-life transactions through my profile, and that I, like everyone else here at The Motley Fool, will continue to hold the integrity of our disclosure policy in the highest regard.
CPST Excerpt:
Capstone Turbine (NAS: CPST) Don't fall over, but I'm inching even closer to being bullish about microturbine producer Capstone Turbine. Although the company reported a wider-than-anticipated loss of $0.03 in its latest quarter, there were plenty of positives to take away.
First, and most importantly, gross margin increased to 8.5% of revenue and marked the fifth time in the past six quarters that we've seen gross margin growth. Second, backlog saw a nice uptick to $115.1 million, which was $30.4 million higher than last year. Finally, even though there was a decrease in the amount of microturbine units shipped, the average selling price per unit jumped dramatically to $161,000 from $110,000 the year earlier. With gross margins improving and Capstone on the verge of profitability, it appears that patient shareholders may soon be rewarded
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