Topic: Growth Stocks

The Stock Pickers Digest Hotline – Friday, June 6, 2008

Article Excerpt

TUCOWS INC., $0.70, symbol TC on Toronto, provides domain name registrations and other services to over 9,000 Web-hosting companies and Internet service providers. It provides registration for such top domains as .com, .net, and .org, as well as 17 country-code domains, including .ca, .us and .uk. Tucow is selling certain customer accounts that it shared with Florida-based Hostopia, symbol H on Toronto, to Hostopia for $1.6 million U.S. Approximately 14,000 Domain Direct, NetIdentity and ItsYourDomain.com customer accounts will move to Hostopia’s web service by July, 2008. Tucows still holds a domain name portfolio of about 136,000 domain names. Tucows’ August, 2007 price reductions for domain registrations and the strong Canadian dollar have hurt earnings and cash flow. However, the new pricing structure should improve its long-term growth prospects. Tucows is a buy for highly aggressive investors. SUNOPTA INC., $7.56, symbol SOY on Toronto, plans to build a new soymilk processing and packaging facility in Modesto, California in response to growing demand for…