8. Capstone Turbine ( CPST) develops, manufactures, markets and services microturbine technology solutions. Besides, the company's products are used as battery charging generators for hybrid electric vehicle applications. For the latest third quarter ending Dec. 31, 2010, the company reported 51% increase in total revenue to $24.2 million. Shipments during the quarter grew to 171 from 122 in the same quarter a year ago. Backlog at the end of the third quarter was up 8% from third quarter 2009 to $84.7 million. The company recently received a new order for 24 microturbines from an unidentified independent oil company in the U.S. Of the six analysts covering the stock, 83% recommend a buy. Analysts surveyed by Bloomberg foresee average 12-month price target of $2.3, which is 40.8% higher than the stock's current price.
Shares of Northgate Minerals Corporation (AMEX:NXG) were gapping up Monday morning with an open price 37.5% higher than Friday's closing price. The stock closed at $3.15 yesterday and opened today's trading at $4.33.
Northgate Minerals Corporation (AMEX:NXG) is trading at unusually high volume Thursday with 7.5 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 11 cents (+3.8%).