July 15, 2005
SpeculatingStocks.com Stock Pick: netGuru, Inc. (NGRU)
Stock Price: $1.42 (short-term strong buy)
netGuru, Inc. develops and markets structural, civil engineering, and collaborative software products and services. The company's IT services division has provided solutions to a variety of markets including engineering, aerospace, e-commerce, semiconductors, finance, education, insurance, manufacturing, distribution, retail, government, pharmaceuticals and healthcare.
netGuru just reported its fiscal fourth quarter after the bell with revenue coming in at $4.70 million and net income of $138,000, up from $77,000 for the same period last year. The company now looks to grow revenue while sustaining the same profit margin.
NGRU is undervalued with a market cap of only $27 million. There are 8 million shares in the float and NGRU broke through most of its major resistance points today. Look for it to run up much higher in the very near term.
SpeculatingStocks.com Target Price: We expect NGRU to reach $2.00 within the next five trading days.
|