Under $5 Gems: 3 Stocks Ready for a Radical Rise

Core Insights - The article highlights three stocks under $5 that present significant investment opportunities in the gold industry, healthcare technology, and specialty finance sectors [1][2]. Group 1: Acacia (ACTG) - Acacia's oil and gas subsidiary, Benchmark, has expanded its portfolio through a significant acquisition in Texas and Oklahoma, which is expected to generate approximately $50 million in asset-level cash flow in 2024 [3][4]. - Total sales for Acacia increased from $14.8 million to $24.3 million in Q1 2024, with a notable rise in licensing and other revenue from the intellectual property sector [4]. - Acacia has eliminated non-recourse debt at Benchmark and paid off senior secured notes, resulting in a debt-free parent company and a healthier financial position [4]. Group 2: CareCloud (CCLD) - CareCloud has reduced yearly expenditures by nearly $22 million since October 2023, leading to a Q1 2024 GAAP operational gain of $129,000, a significant improvement from a loss of $223,000 in Q1 2023 [5]. - The company's Q1 2024 GAAP net loss decreased to $241,000 from $401,000, and it reported an adjusted EBITDA of $3.7 million [5]. - CareCloud's free cash flow in Q1 2024 was $2.2 million, up from $2.0 million in Q1 2023, allowing for a reduction in debt commitments [6]. Group 3: New Gold (NGD) - New Gold generated substantial cash from operations amounting to $73 million in Q1 2024, despite reduced sales compared to Q1 2023, maintaining $530 million in total liquidity and $157 million in cash [7]. - The company invested over $35 million in growth capital during Q1, focusing on development initiatives to increase production capacity [7]. - New Gold's safety statistics indicate a commitment to responsible mining, with a total recordable injury frequency rate (TRIFR) of 0.92 in Q1 [8].