Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

7. Star Scientific ( CIGX)

Company Profile: Star Scientific develops dissolvable smokeless tobacco products, which are billed as delivering fewer carcinogenic toxins.

Shares of Star Scientific began surging in March on reports that compound RCP-006, which the company says is a "nutritional supplement," has potential in treating Alzheimer's. TheStreet's Adam Feuerstein notes that RCP-006, also known as anatabine, "might one day be a cure for Alzheimer's, but it's very premature to make such a claim since this nutritional supplement (not even a drug) has not yet been tested in humans, let alone humans with Alzheimer's."

That skepticism hasn't kept shares from rising. The stock did take a hit in April before the Food and Drug Administration said it will regulate smokeless electronic cigarettes as it does with traditional tobacco products. Shares are now near their all-time high.

Current Share Price: $4.73 (May 27)

2011 Total Return: 142%

Analyst Ratings: No research analyst currently follows Star Scientific. TheStreet Ratings does not have a rating on the stock.


6. USA Technologies ( USAT)

Company Profile: USA Technologies is a supplier of cashless, remote-management, reporting and energy-management services.

Shares of USA Technologies ramped higher in January after the company said revenue in its fiscal second quarter jumped 60% from a year earlier to $6 million, while its net loss narrowed to a penny a share from a loss of 19 cents. Shares pulled back slightly in March after USA Technologies announced it raised nearly $11 million in a private placement of common stock. In April, USA Technologies announced a collaboration with Verizon Wireless for connectivity that enables wireless point-of-sale payments at vending machines via credit and debit cards.

Current Share Price: $2.50 (May 27)

2011 Total Return: 142%

Analyst Ratings: Northland Securities has an "outperform" rating and $3 price target on USA Technologies. The only other research firm covering the company, Janney Montgomery Scott, rates the stock "neutral" with a price target of $1.25.

TheStreet Ratings has a "sell" recommendation on USA Technologies, citing "unimpressive growth in net income and poor profit margins."

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

If you liked this article you might like

5 Stocks Under $10 Set to Soar

Majesco Entertainment (COOL) Stock Soars on $10 Million Dividend Program

10 Hottest Stocks on Social Media This Week

Insider Trading Alert - ONNN, EXAR And COOL Traded By Insiders

Why Majesco Entertainment (COOL) Stock Is Tanking Today