The SmallCAPS.us newsletter put the spotlight on two companies in this week’s issue. The first company in focus is Signalife Inc (AMEX:SGN). Signalife is a life sciences company focused on the monitoring, detecting, and prevention of disease through continuous biomedical signal monitoring. At the moment, their main product is one the company calls a “breakthrough” electrocardiogram (ECG) monitoring system named the Fidelity 100. The Fidelity 100 will, for the first time, allow real-time, ambulatory, 12-lead heart-patient monitoring, producing a high-quality ECG never seen before in a clinical setting. After Friday’s stock run-up, SmallCAPS.us is expecting big news from the company.
The second company in focus is WSI Industries Inc (NASDAQ:WSCI). WSI Industries is a leading contract manufacturer that specializes in the machining of complex, high-precision parts for a wide variety of industries. Their clients include companies in avionics, aerospace and defense, energy, bioscience, engines, and more. The company released their earnings report in early April showing that sales were up 45% as compared to a year earlier, while in the same period earnings were up to $.29 vs. $.11. The stock moved up smartly after the release of the earnings report.
WSI Industries has been a long-time favorite of the SmallCAPS.us newsletter. In February 2005, they originally recommended the stock at $2.95. It hit a high this past week of $14.44, a gain of nearly 400%. In light of this, SmallCAPS.us advises clients to take some profits off the table.
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