This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Friday's Small-Cap Winners & Losers

Small stocks piggybacked atop the cheery larger market Friday amid waves of earnings news.

Among the bigger winners was Spectrum Brands (SPC), shares of which shot up 15.2% after a Bear Stearns analyst upped its rating to outperform despite a wider-than-expected fiscal second-quarter loss. The analyst cited a striking improvement in the fundamentals for the Atlanta-based maker of batteries and other products. Shares added $1 to $8.19.

Texas-based Abatix (ABIX), which distributes personal-protection and safety equipment, soared 19.2% to $9.25 in unusually high trading volume after per-share earnings in the first quarter vaulted 61.5% year over year to 21 cents, or $359,000.

U.S. Auto Parts Network (PRTS), of California, jumped 11.4% to $6.57 on a penny EPS beat and an upgrade courtesy of RBC Capital Markets. Meanwhile, Needham & Co. upped NovAtel (NGPS) to buy after the Canada-based company reported first-quarter earnings that were in line with analyst targets. Shares of NovAtel, which makes global positioning systems, lifted by 10% to $37.70.

Elsewhere, Kansas-based ICOP Digital (ICOP), which makes surveillance products, shaved a penny off its year-ago per-share loss to 14 cents, and revenue nearly tripled to $2.3 million. These figures missed two analysts' predictions, but shares still climbed 15.8% to $9.08.

On the flip side, Distributed Energy Systems (DESC) plummeted 45% to 76 cents after the Wallingford, Conn., electric-power-systems builder broadened its first-quarter loss to 37 cents vs. a loss of 20 cents a share a year ago. Analysts were looking for losses to stay flat with last year.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs