Under $7 Stock May be Traders' Ticket to 50%-Plus Profits

When it comes to finding stocks capable of solid short-term trading profits, investors often seek out potential positive catalysts to score quick gains. For example, I recently discussed an upcoming event that might give a quick boost to medical device maker Given Imaging (NASDAQ: GIVN).

But it's not just the appearance of positive catalysts that can boost a stock. Sometimes it's the removal of negative catalysts that can do the trick. And a notable technology firm that is deeply out of favor may soon make a comeback now that a key overhang on the stock is set to fade away.

Super-Charged Technology

Engineers often tinker with old technologies to see if they can glean new capabilities and uses from them. A key area of interest has been capacitors, which were first designed back in 1754. These devices are used to regulate the flow of energy, whether between various forms of current (alternate or direct), in a power source, or to stabilize the flow of voltage. Capacitors are also used to store energy, as they can quickly release lots of juice when needed (unlike batteries, which can store a lot more energy but release that energy more slowly).

Well, the engineers at Maxwell Technologies (NASDAQ: MXWL) seemingly struck gold by developing "ultracapacitors," which pack far more energy and can provide a quick jolt of juice in short bursts. Bus makers, for example, are starting to use Maxwell's devices to provide acceleration power, reducing the need for oversized engines that will rarely need to operate at full loads.  (more)

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