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Five all-new small to mid-cap stocks for 2018

Preferred Bank (PFBC)

This is a regional bank, headquartered in LA, currently valued at $950 million by the market. It operates throughout Southern California and offers a few unusual services, including wealth management for clients who live on the Pacific Rim. The bank’s Chairman, President, and CEO is named Li Yu, and rumor suggests that the bank serves predominantly Chinese-Americans, though this seems to be impossible to verify. What I can verify is that the bank’s year-over-year quarterly revenue growth is 36.7% and that its operating margin is a stunning 62.3%. Furthermore, it has a trailing P/E of 22.1 and a forward P/E of 12.76. That’s pretty darn low, especially for a company growing this fast.

PFBC

Chart courtesy of www.stockcharts.com

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Julian Close

Julian Close became a stockbroker in 1995. In his 20 years of market experience, he has seen all market conditions and written about every aspect of investing. Julian has also written extensively on corporate best practices and even written reports for the United Nations. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC.