Friday's Top Performing Small Cap Stocks (CPHD, ATHN, RRR, PIP, LSCC)

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Last week, the Russell 2000 Index rose 1.6 percent, while the Standard & Poor's Small Cap 600 Index gained slightly less, 1.5 percent. For the day, the Russell 2000 was flat and the S&P Small Cap 600 was down fractionally. Yet for the year, the Russell has gained 8.1 percent, with the S&P Small Cap rising 8.9 percent.

Friday's Top Performing Small Cap Stocks (Data provided by Google Finance)



Cepheid (Nasdaq: CPHD) : The developer of testing systems for molecular and genetic-based diseases released fresh earnings guidance following positive second-quarter results, which impressed investors.

athenahealth (Nasdaq: ATHN) : Shares of the provider of cloud-based health care business-management services hit a 52-week high after turning in better-than-expected Q2 results and announced that it is acquiring smaller competitor Proxsys.

RSC Holdings ( RRR ) : The equipment rental provider reported second-quarter revenue grew 22 percent as it posted a small profit, reversing a loss in the year-ago quarter. Shares are up 33 percent this year.

PharmAthene (Amex: PIP) : A biodefense company that develops products to counter chemical and biological weapons including an anthrax vaccine, PharmAthene's shares have doubled in the past year since a new CEO took charge.

Lattice Semiconductor (Nasdaq: LSCC) : The supplier of programmable logic chips reported its best sales quarter in a decade, as demand for its new products grew substantially. Shares reached a 52-week high of $7.38 on March 4.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: ATHN , CPHD , LSCC , PIP , RRR

Wyatt Investment Research

Wyatt Investment Research

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