Kemet Corp. closed today’s trading at $2.42 a share, down just slightly from Friday’s close. Earlier in the day, Kemet traded as high as $2.60 per share, eclipsing the previous 52-week high of $2.56. The stock was first mentioned in the QualityStocks Daily Newsletter back on April 2, 2009. At that time, Kemet was trading for less than $0.29 a share. So in just about a year’s time, investors could have reaped gains of nearly 800%!
Who is Kemet? It is a company which offers the world’s most complete line of tantalum, multilayer ceramic, solid aluminum, film, paper and aluminum electrolytic capacitors. The company announced today that its common stock has been approved for listing on the NYSE Amex. Trading is expected to commence on the NYSE Amex on Tuesday, June 22, 2010 under the ticker symbol ‘KEM’.
Kemet is a tremendous example of the type of companies that appear regularly in the QualityStocks Newsletter. QualityStocks is committed to connecting subscribers with emerging small-cap and micro-cap companies that have huge potential to succeed both in the short-term and long-term. Every day QualityStocks collates data and stock recommendations from hundreds of investment newsletters. All of this information is then presented to the reader in an easy-to-use format which allows the tracking of all the stock picks from the web’s hundreds of newsletter writers. To sign up for this invaluable investment resource, visit www.signup.qualitystocks.net.