One's thirtieth birthday is a significant moment, and our Small Cap Stars has recently hit a similar milestone. The total return of these stocks has crossed 30 percent for 2013, putting it well ahead of the S&P 500, which is just short of 20 percent gains on the year. Make a wish and blow out the candles, Small Cap Stars.
But where are these returns coming from? Who are the stars of the Small Cap Stars? Here’s a quick look at those companies in each sector that represent the top performing Small Cap Stars in 2013.
Basic Materials
Ferro Corporation (FOE)
Market Cap: $870.31 million
YTD Gain: 134.27 percent
Mayfield Heights, Ohio’s Ferro Corporation makes specialty materials and chemicals for use by manufacturers.
Consumer Goods
Kandi Technologies Group (KNDI)
Market Cap: $269.5 million
YTD Gain: 84.56 percent
This Chinese electric vehicle maker spike in early June when it announced plans to build 30 vertical parking and charging facilities in Hangzhou City and the sell 5,000 to 10,000 electric vehicles in that city within a year of the completion of the charging stations.
Financial
MGIC Investment Corp (MTG)
Market Cap: $2.53 billion
YTD Gain: 151.68 percent
Mortgage-insurer MGIC Investment Corp has been having a monster year, bouncing after making a public offering of 135 million shares that brought in $350 million.
Health Care
Lannett Company (LCI)
Market Cap: $605.57 million
YTD Gain: 289.78 percent
Philadelphia’s Lannett Company is dedicate to producing generic versions of name-brand prescription drugs.
Industrial Goods
National Technical Systems (NTSC)
Market Cap: $267.92 million
YTD Gain: 192.46 percent
Headquartered in Calabasas, CA, National Technical Systems provides testing and certification services. The company was already having a strong year when Aurora Capital Group agreed to purchase the company at $23 a share.
Services
Gray Television (GTN)
Market Cap: $483.08 million
YTD Gain: 263.76 percent
Atlanta’s Gray Television is a broadcasting company with 41 television stations serving 30 mid- and small-sized markets in the Southeastern United States.
Technology
Envestnet (ENV)
Market Cap: $1.14 billion
YTD Gain: 144.43 percent
Based in Chicago, IL, Envestnet provides wealth management solutions for financial advisors and institutions.
