Sonic Auto, National Western & Core Lab: 3 Small-Caps In Limelight

2 min read | June 10, 2021 02:28 PM PDT | By Team Kalkine Media

Summary

  • Sonic Automotive recorded revenue of US$2.8 billion in Q1.
  • National Western’s recoded revenue surged 29% YoY to US$200 million.
  • Core Laboratories registered revenue of US$108 million in Q1.

Small-cap stocks are companies that have a market cap of around US$300 million to US$2 billion. Investment in small caps can be rewarding or risky. One needs to do proper research of the companies before investing. They typically see high growth during the economic recovery stage after a recession.

Here are three small-cap stocks to explore.

Sonic Automotive Inc. (NYSE:SAH)

SAH is an automotive company that sells new and old cars and offers services for vehicle maintenance and replacement.

Its arm, EchoPark Automotive, mainly deals with old vehicles. 

The stock is up around 26% YTD. Its market cap is around US$2 billion.

In Q1 of 2021, its revenue jumped 20.7% YoY to US$2.8 billion.

EchoPark saw a 52.9% YoY boost in revenue to US$507.1 million.

It sold 19,670 vehicles, up 40.6% YoY.

The sonic stock was trading at US$46.60 at 3:38 pm ET on June 10, down 0.43%.

Source: Pixabay.

Also read: Why Did BriaCells Stock Skyrocket 155% Today?

National Western Life Group (NASDAQ:NWLI)

This Texas-based insurance company offers term plans and life insurance products. The stock value increased by 16.10% YTD.

National Western’s market cap is around US$861 million. 

In Q1 of 2021, its revenue increased from US$155 million to US$200 million, up 29% YoY. Sales saw 64% YoY growth, and life insurance recorded 8% YoY growth.

It saw record growth in insurance claims due to Covid deaths. The NWLI stock was trading at US$228.57 at 3:39 pm ET on June 10, down 0.51%.


Core Laboratories N.V. (NYSE:CLB)

The company specialises in fluid analysis, such as rock property tests, for the petroleum industry. Its stock value rose around 69% YTD.

In Q1 of 2021, It logged revenue of US$108 million, operating income of US$11 million, and diluted EPS of US$0.18.

The stock was trading at US$48.37, up 3.07% from the previous close, at 3:43 pm ET on June 10.


Also read:
Three Midcap Stocks That May Gain From Recovery


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