My big pick for July 9th is CCTR-Dr Stock Pick
Jul 10th, 2009 by beststockreport
My Big Pick is CCTR!
CCTR is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, CCTR is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.
CCTR reported over $40 million in profitable revenue in 2008 as a reseller and integrator in China for Hewlett-Packard (HP), Sony, Lenovo and other brand name technology companies.
-Last week, CCTR announced increasing its previous expectations for profitable revenue growth in 2009.
-Yesterday, CCTR announced that the Company expects to double net income in 2009 compared to 2008 and that the increase in net income could be more than double.
-Today, CCTR announced that management anticipates an increased price per share in conjunction with the Company’s continued expectations of increased earnings per share.
CCTR will review an expected doubling of net income in 2009 compared to 2008 in an on-demand Webcast scheduled for Thursday, July 9, 2009.
The Webcast will include a review of CCTR’s increased year-to-date sales compared to last year’s sales that resulted in over $40 million in profitable annual revenue. The presentation will include a preview of the anticipated positive 2nd quarter results and an update of the suggested fair value target price per share of $0.30 originally presented in a Webcast on May 13th (the original Webcast is available on the Company’s website at http://www.newmarkettechnology.com/webcast_ccse_20090513.htm ).
*****************************************************
Keep a close eye on CCTR , do your homework, and like always BE READY for the ACTION!
********************************
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com End Of day publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick Stock Watch report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. (read more) Rule 17B requires disclosure of payment for investor relations.