Top Small Cap Stock #3 – SourceFire (FIRE)
SourceFire (FIRE) develops digital security and information
management software for the government and private industry. Its innovative programming team is constantly upgrading features, staying one step ahead
of the latest digital threats. Its customers have included PricewaterhouseCoopers, SAIC and Ernst & Young.
In its latest earnings report at the end of February, SourceFire posted earnings of 23 cents per share. That was significantly above Wall
Street’s target of 19 cents. Aditionally, FIRE grew
its quarterly revenue from $25.7 million in fourth-quarter 2008 to $35.3 million in fourth-quarter 2009 — a 37% jump. Thanks to these tremendous
numbers, 2009 marked the first full-year profit in the history of the company. That’s a sign that this up-and-coming small cap is here to stay.
- Poll of the Day