Top Stocks to Buy – EGHT, AIG, CIMT, CPTS, LEN, WPRT

A pullback should provide excellent buying opportunities in these small caps and household names

Feb 25, 2013, 11:54 pm EDT | By Sam Collins, InvestorPlace Chief Technical Analyst

Top Stock to Buy #4 – Conceptus Inc. (CPTS)

Small-cap medical equipment and supply company, Conceptus Inc. (NASDAQ:CPTS), focuses on women’s health care. Its well-known product, Essure, is a permanent birth-control procedure with a non-surgical insert. In 2011, approximately 600,000 women underwent the Essure procedure.

Q4 2012 earnings of $0.17 beat estimates of 13 analysts covering the company by 49%. The stock is among the top 100 recommended by Thomson/First Call.

Technically, CPTS is trading within a gradually increasing bull channel with a low under $21 and a high at over $24. This small-cap is long-term buy that could produce excellent results. The buy under price is $21.50.

CPTS Chart
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