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3 small-cap superstars to buy right now

September 8, 2014

Nearmap

Nearmap Ltd (ASX: NEA) provides map technologies for a range of business, enterprise and government entities. Unlike UXC, its FY14 report was outstanding, lifting its $1 million loss to a $7.1 million maiden profit. With its share price climbing higher, investors may shy away from Nearmap, but I think there’s plenty more growth. Recently it completed a series of test flights in the U.S. as part of an effort replicate the success it’s created in Australia.

Furthermore, Nearmap sits on an extremely healthy balance sheet, with cash holdings of $23.3 million and no debt, providing it with some leeway for future expansion. Despite its high price-to-earnings ratio of 28, I think Nearmap shares are a relatively solid bet for your money. Conservative investors may want to wait for a lower entry point, but it seems to me that Nearmap’s share price still offers reasonable value to investors.

From: http://www.********.au/2014/09/08/3-small-cap-superstars-to-buy-right-now/