Penny Stock to Buy #6 – Emerson Radio Corp. (MSN)
Emerson Radio Corp. (AMEX: MSN) has made its name designing, sourcing, importing, marketing, selling and licensing various houseware and consumer electronic products. Based in New Jersey, the company works primarily with microwaves, video products, alarm clocks, stereos and telephones, among other products.
The company posted a net profit margin of 8% last quarter. Looking at its last income statement, MSN posted a quarterly earnings growth of 23%, year-over-year. In the last 12 months, the penny stock has gained 29%. With a 52-week range of $1.57 to $2.96, add MSN to your list of stocks to buy.