A Little-Known Small Cap Stock Ready for Huge Growth
One company has maintained relative stability, even in rough times,
and it has been able to stay under the radar. 21st Century Holding Co.
(TCHC) is a property and automobile insurance company
based in Florida. 21st Century has just started a new marketing
campaign to gain new customers. You may have seen the television
ads on CNBC and a few other channels advertising 21st Century
Insurance.
21st Century Holding Co.
(TCHC)
Price 2/2/09 :
$4.28
Market Cap: $34 million
Shares Outstanding: 8 million
This is a great stock for the more speculative side of your
portfolio. They have a Market Cap of only $34 million and only 8
million shares outstanding (less than 7 million not held by
insiders). With such a low number of outstanding shares and a small
market cap, any kind of public interest/demand for the stock will
cause this stock to rocket straight up.
This is something that both William O'Neill
(founder of Investor's Business
Daily) and Jim
Cramer(Mad Money, etc.) agree is great for small cap investing.
Small cap stocks with a low number of outstanding stocks (usually
< 15 million) shoot way up when it is discovered.
If 21st Century gains a large number of new customers with its new
marketing initiative or improves their business strategy, this
company could enjoy a ride up to a $250 million+ Market Cap. At
that market capitalization, the stock price of TCHC would be
$31.25! At market close on Feb.2, 2009 TCHC's stock price was
$4.28. That's a theoretical gain of
630%.
