10 Best Micro Cap Stocks to Buy Now

7. RF Industries, Ltd. (NASDAQ:RFIL)

Market Capitalization: $42.705 million

RF Industries, Ltd. (NASDAQ:RFIL) is a California-based global connectivity powerhouse. Incepted in 1990, the company designs, manufactures, and markets interconnect products and systems, namely coaxial and specialty cables, electric and electronic specialty cables, and fiber optic cables and connectors. With mainly two segments: RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly, the operations of the company are spread across the United States, Canada, Mexico, and internationally. RFIL is among the best micro-cap stocks to invest in.

In this world of wireless connectivity, any company providing physical internet products is considered to be targeting a niche market. At the heart of RF Industries, Ltd. (NASDAQ:RFIL) lies Small Cell 5G Networks, which basically act as an outdoor hotspot application. The basic requirement of such a network is to hide itself from the public view or otherwise physical distractions. This makes it a potentially high-growth sector.

On that note, management has a clear vision for RF Industries, Ltd. (NASDAQ:RFIL). They are aiming towards a more transformative model by providing considerably full solutions within the turnkey systems and applications. They will be employing innovative sales and marketing resources amidst their efforts to adopt newer products and mixes. With a return of nearly 32% over the past year, the vision of the company is what will direct it to a brighter future. Aiming towards an adjusted EBITDA of 10% of sales or higher, RFIL is definitely for long-term thinkers.