Monday, February 10, 2014 6:48:07 AM
http://money.msn.com/investment-advice/best-stocks-under-dollar5-right-now
Vringo
Vringo (VRNG) is a patent litigation company currently defending patents related to search.
The company has several sources of income available for 2014. First, the company won its case against Google (GOOG) in November 2012.
As the legal process drags on, investors are waiting for Judge Raymond Jackson of the Eastern District Court of Virginia to award Vringo its payment. The key figure to watch is not only the lump sum but also a percentage of royalties for Google's future North American revenue.
Second, the company is engaged with Chinese telecommunications company ZTE in several European countries. In December 2013, its Indian division was forced to hand over additional information and Vringo won an injunction in Germany. These successes make a global licensing deal likely.
In a 2013 settlement with Microsoft (MSFT), which is in part dependent on the outcome of the Google trial, Vringo received six patents. Investors are still uncertain as to what the patents are, but it shows the company has several growth opportunities after litigation with Google and ZTE.
Shares of Vringo have been incredibly volatile, often fluctuating around the $3 level.
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