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Penny Stock 4
U.S. Home Systems Inc. (USHS)Another lagging stock on this list has been U.S. Home Systems Inc. (USHS).
The stock is very thinly traded and down nearly 10% this year. The credit crisis has negatively impacted USHS as many of its sales
are done on credit through its relationship with Home Depot (HD).This week, the company announced that sales decreased during the first quarter as loan approvals fell to 79%. USHS lost 13 per
share in the period.Fortunately, it would appear that the economy is turning. When it does, look for USHS to move higher. The company’s relationship
with Home Depot has been challenging as that partner has struggled, but ultimately a recovery will take hold, and with such a strong
partner like Home Depot, the future looks bright for USHS.
5 Penny Stocks to Buy Now
Article printed from InvestorPlace Media, http://www.investorplace.com/2009/05/top-penny-stocks-update/.
©2012 InvestorPlace Media, LLC
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