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8/17/2011 2:13:10 PM
Tuesday's Top Performing Small Cap Stocks (Data provided by
Renaissance Learning (Nasdaq: RLRN) : The best of the shares listed on the Russell 2000 and the Standard & Poor's Small Cap 600 was Renaissance Learning, a developer of educational software and hardware products for grades K-12. Shares hit a 52-week high after the company said it is being taken private by Pemira Funds in a $440 million deal. In July, Renaissance reported a 23 percent profit jump as revenue grew 15 percent.
Fabrinet ( FN ) : The Bangkok-based provider of manufacturing services reported its fiscal fourth-quarter profit rose 14 percent as revenue increased 21 percent. JPMorgan analysts upgraded the stock to overweight from neutral and set a $21.50 price target.
Pernix Therapeutics (Amex: PTX) : The supplier of pediatric pharmaceutical products reported second-quarter earnings that exceeded analysts' expectations as its revenue nearly tripled. Its primary drug, Cedax, is used to treat respiratory infections, and it's launching Natroba for head lice.
VSE (Nasdaq: VSEC) : The government contractor's stock has been weighed down by the recent loss of an Army contract and talk of defense cutbacks. Shares are off 28 percent this year.
L.B. Foster (Nasdaq: FSTR) : The manufacturer of products and services used in the construction, utility and rail industries has rebounded in the past week from knee-jerk reaction to second-quarter results that, while satisfactory, revealed softening orders and a dispute with the Union Pacific Railroad.