IMPAC Mortgage Holdings ( IMH) owns numerous subsidiaries whose primary operations include mortgage and real estate fee-based business activities. Year-to-date, IMPAC has dropped 12%. Despite the drop in stock price, the penny stock reported a net profit margin of 1% and a return on average equity of +42.5% in its last income statement. A profit margin of +27.2% also has company officials pleased. As of this writing, Louis Navellier did not own a position in any of the stocks named here.