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Home > News > Small-Cap Tech Stocks With Big Potential

March 1st, 2010

Small-Cap Tech Stocks With Big Potential

Abstract:
Veeco Instruments(VECO Quote) designs machines that make data storage equipment, semiconductors and solar panels. Despite a market value of $1.3 billion, the company has a diversified customer base that includes nanoscience researchers.

Veeco swung to a fourth-quarter profit of $19 million, or 50 cents a share, from a loss of $74 million, or $2.35, a year earlier. Revenue increased 33% to $146 million. Veeco's operating margin widened from less than 1% to 13% as volume improved. Its balance sheet has $284 million of cash and $101 million of debt. A quick ratio of 2.6 demonstrates outstanding liquidity.

Source:
thestreet.com

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