Best Small Cap Stocks of 2013 - Corporate Resource Services (CRRS)
YTD Return: 504%
Next on our list of small cap stocks is Corporate Resource Services (CRRS). And CRRS is an amalgam of businesses. At the core, there are staffing and recruiting services. But the small cap also has set of cloud-based software offerings. For the most part, CRRS is the result of a myriad of acquisitions over the years.
However, it has been tough to manage. So during the past year, CEO John Messina has put in place strict cost controls and has focused on higher-margin businesses. This has helped boost CRRS stock big-time. Well, and it also helps that the job market has been getting better.
For 2013, the financial results have been solid for the small cap. Revenues jumped by 25% and adjusted EBITDA increased by $11.1 million. Plus, Corporate Resource Services could be one of the best small caps stocks in 2014.
See, CRRS has a software platform has also been a huge success in the UK. And for 2014, the company is rolling it out in the U.S. market. According to COO Mark Levine: the “software revolutionizes the way companies can recruit for open job vacancies.”