In this week's Small-Cap Spotlight, Frank Curzio and Larsen Kusick take a close look at Dawson Geophysical ( DWSN), a seismic data provider that has seen its stock surge this year. But is the stock overvalued or does this growth play have more room to run?
Curzio: Stock Still Has Upside PotentialIn today's marketplace, it's important to take into account current market conditions and look at areas that are not as vulnerable to a slowdown in consumer spending, and Dawson Geophysical fits this profile. I think the stock is going higher. Dawson provides onshore seismic data services, including processing 2-D and 3-D data, for major oil-and-gas companies that are cash rich and spending on exploration since they need to look deeper and in unconventional fields to meet growing demand.
Tough Market? Go Underground With Small-Cap Dawson