Follow the Money in Nanotech series. The stock is currently trading at $ 16.60, up 0.24 (1.47%).
CVD Equipment Corp. (CVV) has developed and built customized equipment for R&D facilities since the 1980s. Focused on nanoscale materials and coatings for semiconductor and other advanced electronics applications, CVD has tremendous knowledge and capabilities based on experience with the more than 200 leading technology corporations and institutions which comprise its customer base. Today, following two strategic acquisitions targeted at manufacturing, CVD is transforming its business from primarily customized equipment to production offerings for new and emerging markets.
"Like the tortoise in the fable, CVD has slowly and steadily kept its head down and stayed the course for many years”, says Josh Levine, editor of Levine's MicroCap Investor. "The company's most recent quarter shows a 122% jump in revenues year-over-year and its backlog soared 376% during the same period. For the next two years, CVD's biggest challenge will be managing its shift to commercial systems and creating the corporate culture and infrastructure to support explosive growth”, according to Levine.
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