Smallcap Stock Report: Penford's Ethanol Production, Netgear, Hexcel and Others

by: David Jackson

Excerpt from today's One Page Annotated Wall Street Journal Summary (which you can get emailed to you every morning by signing up here):

SMALL STOCKS: Penford Rises Amid Ethanol Deal; Netgear Falls 11% on Downgrade

  • Summary: Penford (NASDAQ:PENX), a producer of specialty ingredient systems for food and industrial applications, said it would invest $42 million in ethanol production capacity. Its stock rose 15%. Stocks moving on earnings results or guidance: Park Electrochemical (NYSE:PKE) down 10%, Workstream (OTCPK:WSTM) up 12%, Omni Energy Services (OMNI) up 6.1%, Hexcel (NYSE:HXL) down 2.9%.
  • Comment on related stocks/ETFs: Jim Cramer picked Hexcel (HXL) as a "buy" in the Mad Money Lightening Round on May 11th after a director made a significant insider stock purchase. Look at the stock chart since then.