A simple scan looking for small-cap stocks that are yielding
over 5%, have gained at least 10% in 2012 and are rated "Strong
Buy" by the majority of analysts covering them turned up four
names. The logic behind these metrics was to look for small-caps
that may be offering both a very healthy dividend yield as well
as potential share appreciation. The scan screened out stocks
that were not up at least 10% to avoid selecting any falling
knives/trainwreck situations, which are all too common in the
small-cap space. A high dividend yield is little consolation if a
stock is plunging on a near daily basis. Below, Benzinga
highlights the five names that passed the screening metrics.
Chatham Lodging Trust (NASDAQ:
- This small-cap REIT is very thinly traded and has a market-cap
of only $183 million. Year-to-date, CLDT has climbed roughly
21.5%. At current levels, the REIT is yielding a little more than
6%. The security represents an ownership stake in a hotel
investment company. The Trust was formed to invest in
extended-stay, select-service and full-service hotels.
Crown Crafts, Inc. (NASDAQ:
- This company operates in the infant and toddler product
segment, including bedding, bibs, disposable products, soft
goods, and accessories. Shares are up better than 66% in 2012 and
the stock is offering up a 5.80% dividend yield at current
levels. The stock is thinly traded with a daily average volume of
just under 27,000 shares, which could make getting in and out of
Homeowners Choice (NASDAQ:
- This company operates in the property and casualty insurance
segment and has a market cap of roughly $93 million.
Year-to-date, shares have soared more than 71%, but the stock is
currently in a near-term downtrend. On Wednesday, HCII has lost a
little more than 9% and was trading at $13.65. At current levels,
HCII is yielding around 5.30%. The stock has broken through its
20-day moving average on Wednesday. The 50-day moving average may
provide near-term support in the name.
Psychemedics Corp. (NASDAQ:
- This thinly traded stock only has a market cap of just under
$53 million and is up 10% in 2012. At current levels, PMD is
yielding roughly 6%. The company provides testing services for
the detection of abused substances through the analysis of hair
samples. The stock has formed a nice base just below the $10.00
level, and a convincing break of $10.00 could propel the stock
upward in the coming months.
(c) 2012 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.