Digital Ally, Inc. (Nasdaq: DGLY) Wins Appellate Verdict – Shares Rocket

Digital Ally, Inc. – Nasdaq: DGLY

Traders continue to push Kansas-based Digital Ally Inc. shares higher, on large volumes, after a favorable appeals court ruling found against Utility Associates, Inc. The shares, traded on the Nasdaq under ticker DGLY, began the week at $4.15 and reached $5.20 in after-hours trading on Thursday. 

Digital Ally™, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial fleet applications – focusing in Digital Video Imaging and Storage. Digital Ally has secured contracts and orders from law enforcement agencies, the U.S. Military and commercial fleets in all 50 states and more than 90 foreign countries.  

Stanton E. Ross, Chief Executive Officer of Digital Ally responded to news of the appeal court’s decision “This Judgment by the Federal Circuit is a huge legal victory for Digital and affirms what we have known all along — Utility has been threatening Digital and our customers with an invalid patent.” 

Two firms follow Digital Ally, Inc. and both rate DGLY shares as a “Strong Buy” with a consensus price target of $12. DGLY shares have never had positive EPS – 2011 (-$1.96), 2012 (-0.97), 2013 (-$1.17), 2014 (-$3.54), and in 2015 (-$2.77). Digital Ally reported sales in 2015 were $20 million – little changed from previous years. 

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

Ticker Symbol DGLY
Last Price a/o 4:44 PM EST  $                      5.20
Average Volume 57,600
Market Cap $25.33 million
Sales $18.2 million
Shares Outstanding 5.39 million
Share Float 4.67 million
Shortable Yes
Optionable No
Inside Ownership 1.70%
Short Float 13.43%
Short Interest Ratio 10.89
Quarterly Return -17.54%
YTD Return 11.90%
Year Return -25.04%

Applied Optoelectronics Inc. (AAOI) Surges in After-hours on Revised Revenue Projections

Applied Optoelectronics Inc. – Nasdaq: AAOI

Shares of Applied Optoelectronics Inc. surged over 20% in after-hours trading on news that future earnings will be above street estimates. AAOI revised revenue projections to between $84.5 and $84.8 million – well above previous projections between $75 and $79 million. Traded on the Nasdaq under ticker symbol AAOI, the shares ended the regular session at $22.72 however in the after-hours market the shares rose to $27.50.

Los Angeles, CA-based Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily for internet data centers, cable television, and fiber-to-the-home networking end-markets.

From their press release:

“”We delivered a strong fourth quarter with top and bottom-line results expected to exceed our guidance,” said Dr. Thompson Lin, Applied Optoelectronics, Inc. founder, president and CEO. “Accelerated demand for our market-leading datacenter products and increased capacity fueled our results. Additionally, we continued to drive manufacturing efficiencies, which contributed to a record gross margin. We are excited by the good close to the year and look forward to sharing the additional details of our fourth quarter performance on our conference call in February.”

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

Ticker Symbol SGNL
Last Price a/o 6:57 PM EST  $                    27.05
Average Volume 377,600
Market Cap $397.6 million
Sales $228.8 million
Shares Outstanding 17.5 million
Share Float 16.34 million
Shortable Yes
Optionable Yes
Inside Ownership 2.10%
Short Float 13.10%
Short Interest Ratio 5.67
Quarterly Return 3.09%
YTD Return -3.07%
Year Return 52.18%

SNU stocks that may be the ones to watch in 2017

Poised for big move in 2017?

At SNU we see a lot of stocks and write about those that we believe are, or will be, a hot topic. We searched through our screeners for five we believe investors might want to pay attention to in the coming year. The following are small-cap Nasdaq stocks that have good volumes, priced between $5 and $20, have good insider trading characteristics, and experts believe will have superior 2017 earnings.

FRED – Fred’s, Inc. sells general merchandise through its retail discount stores and full service pharmacies. The company, through its stores, offers household cleaning supplies, health and beauty aids, disposable diapers, pet foods, paper products, various food and beverage products, and pharmaceuticals to low, middle, and fixed income families in small- to medium- sized towns. It also sells general merchandise to franchised Fred’s stores. As of January 30, 2016, the company operated 641 company-owned stores in 15 states and 18 franchised stores under the Fred’s name, as well as 372 pharmacies and 3 specialty pharmacy facilities primarily in the southeastern United States. It also operates 18 franchised stores under the Fred’s name. Fred’s, Inc. was founded in 1947 and is headquartered in Memphis, Tennessee.

CONN – Conn’s, Inc. is a specialty retailer of durable consumer goods and related services in the United States. The company’s stores provide home appliances comprising refrigerators, freezers, washers, dryers, dishwashers, and ranges; furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; and home office products consisting of computers, tablets, printers, and accessories. Its stores also offer consumer electronics, such as LED, OLED, Ultra HD, and Internet-ready televisions; and Blu-ray players, and home theater and portable audio equipment. Conn’s, Inc. also provides repair service agreements, installment credit plans, and various credit insurance products. As of March 29, 2016, the company operated approximately 100 retail locations in Arizona, Colorado, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. Conn’s, Inc. was founded in 1890 and is based in The Woodlands, Texas.

KTOS – Kratos Defense & Security Solutions, Inc. provides mission critical products, solutions, and services primarily for Government and commercial customers. The company operates through three segments – Kratos Government Solutions, Unmanned Systems, and Public Safety & Security. The Kratos Government Solutions segment offers microwave electronic products; satellite communications; technical and training solutions; modular systems; and defense and rocket support services. The Unmanned Systems segment provides unmanned aerial, ground, seaborne and command, control, and communications systems. The Public Safety & Security segment offers integrated solutions for homeland security, public safety, and critical infrastructure, as well as security and surveillance systems. This segment serves critical infrastructure, power generation, power transport, nuclear energy, financial, IT, healthcare, education, transportation, and petro-chemical industries, as well as government and military customers. The company was founded in 1994 and is headquartered in San Diego, California.

MDCA – MDC Partners Inc. provides marketing, advertising, activation, communications, and strategic consulting solutions worldwide. Its Advertising and Communications segment offers multi-channel media management and optimization; interactive and mobile marketing; direct marketing; database and customer relationship management; sales promotion; corporate communications; market research; data analytics and insights; corporate identity, design, and branding services; social media communications; product and service innovation; and e-commerce management. The company was formerly known as MDC Corporation Inc. and changed its name to MDC Partners Inc. in January 2004. MDC Partners Inc., founded in 1980, is headquartered in New York, New York.

EGLE – Eagle Bulk Shipping Inc., through its subsidiaries, engages in the global ocean transportation of dry bulk cargoes. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including coal, grain, ore, pet coke, cement, and fertilizers. As of December 31, 2015, it owned and operated a fleet of 44 oceangoing vessels, which include 43 Supramax and 1 Handymax vessels with a combined carrying capacity of approximately 2,404,064 deadweight tons. Eagle Bulk Shipping Inc.,founded in 2005, is headquartered in Stamford, Connecticut.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.