July 17, 2013

Stock Picks–July 16, 2013

Category: Money & Investments — jerry @ 12:23 pm

A couple of “penny stocks” (almost) this time.

First up is Art’s-Way Manufacturing Co. Inc. (ARTW), an obscure little company that manufactures and sells agricultural equipment, specialized modular science buildings, and pressurized steel vessels in the United States and internationally. Showed up on my screen, so I’m going to take a small position in it.

The other one–also at roughly $6 per share–is New York Mortgage Trust Inc. (NYMT), which is a REIT dealing with, gulp, mortgages and refinancing. I’ve stayed out of this sector for a while, but maybe it’s time to jump back in. Taking a larger stake in this one.

Good luck!

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